Hong Kong Stocks Open Higher: Hang Seng Index Up 0.19%, Tech Index Gains 0.78% as Internet and Storage Shares Rally

Deep News09:30

Hong Kong's three major indices all opened higher today, with the Hang Seng Index rising 0.19% at the open to 23,083.99 points, the Hang Seng Tech Index gaining 0.78%, and the Hang Seng China Enterprises Index up 0.3%.

On the board, internet sector stocks were mostly higher, with Lenovo Group Ltd surging 5%, Baidu Inc and JD.com Inc both climbing over 1%, while Tencent Holdings Ltd slipped 0.31%.

Storage concept stocks opened high, with the CSOP SK Hynix Daily Leveraged (2x) product jumping over 14%.

AI application stocks were active, with Zhipu rising more than 3%.

Gold stocks rebounded, with Lingbao Gold Group Co Ltd gaining over 2%.

Overnight on Wall Street, US stocks continued their upward trend on Tuesday, led by technology shares, with all three major indices closing higher. The US dollar continued to strengthen, the 10-year US Treasury yield held steady at the 4.98% level, gold prices rebounded from lows, while oil prices closed lower after fluctuating.

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