Hong Kong Stocks Open Higher: Hang Seng Index Up 0.33%, Tech Index Gains 0.36%, Internet and Gold Shares Active

Deep News09:31

Hong Kong's three major stock indices all opened higher today. The Hang Seng Index rose 0.33% at the open to 23,469.64 points, the Hang Seng Tech Index gained 0.36%, and the Hang Seng China Enterprises Index climbed 0.35%.

On Wall Street, U.S. stocks closed mixed on Monday. Signs of easing in the U.S.-Iran conflict lifted market sentiment, but technology stocks continued to face selling pressure after their earnings reports, dragging the Nasdaq significantly lower. The three major indices ended the day with mixed results. The U.S. dollar retreated, the 10-year Treasury yield fell to 4.91%, gold prices rebounded from lows, and oil prices pulled back notably.

In terms of sectors, internet stocks were mostly higher, with JD.com, NetEase, and Xiaomi each rising more than 1%, while Lenovo dropped over 3%. Gold stocks recovered, with Lingbao Gold up more than 2%. Airline stocks broadly advanced, as China Eastern Airlines gained over 3%. Memory chip concept stocks pulled back, with the Southern 2x Long Samsung Electronics ETF falling more than 4%. Oil stocks weakened, with PetroChina declining over 2%.

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