HK Stock Early Report: Three Major Indices Open Higher, Tech Stocks Rise Sharply, Auto Stocks Dip! XPeng Plunges 2%, Alibaba Rises 2%, and Chi Xue Technology Soars Over 9%
Global Times August 7th | OvernightUS stocks three major indices rose collectively, with Apple rising over 5% and the Hang Seng Index of Chinese A-shares rising 0.29%. The Hong Kong stock market three major indices opened higher, with the Hang Seng Index rising 0.29%, the HSI Index rising 0.24%, and the Hang Seng Tech Index rising 0.27%. On the trading floor, large-cap tech stocks rose across the board, with Alibaba rising 2%, Kuaishou rising 1.38%, and JD.com rising nearly 1%. Baidu, Meituan, Wangyi, and Tencent all closed in the green, while Xiaomi fell 3.43%. Apple's stock price surged over 5%, and Hong Kong-listed Apple concept stocks responded by rising sharply, with Guangwei Electronics rising nearly 5% and Shenqi Technology and Shunyin Optics both rising 2%. AI-related stocks performed well, with Chi Xue Technology soaring over 9% and Meitu, Heartbeat, and Weiying Group all closing higher. On the other hand, auto stocks generally fell, with XPeng plunging nearly 2%, while semiconductor stocks, home appliance stocks, and gold stocks were mixed.(Global Times)