Hong Kong Shares Open Higher as Tech Stocks Mostly Rise, Consumer and Mining Sectors Gain

Deep News07-27

Hong Kong's three major stock indexes opened higher on Monday. The Hang Seng Index rose 0.12% to 24,993.77 points at the open, while the Hang Seng Tech Index gained 0.38%. The Hang Seng China Enterprises Index also increased by 0.16%.

Sector performance was mixed in early trading. Tech stocks saw more gains than losses, with Alibaba Group Holding Ltd (HKEX: 9988) rising over 1%. The new consumer concept sector was active, with Mixue Group (HKEX: 2096) surging more than 2%. Mining stocks generally rose, with Lingbao Gold Group Co Ltd (HKEX: 3330) climbing over 6%. The semiconductor segment also showed some strength, with GigaDevice Semiconductor Beijing Inc (HKEX: 9899) advancing more than 1%.

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