Hong Kong Stocks Open Higher: HSI Up 0.92%, TECH Index Rises 1.13%; Tech and Gold Stocks Gain, Auto Shares Rally, CHUANGXIN IND Debuts with 38% Surge

Deep News11-24

U.S. stocks closed higher on Friday, rebounding after recent sharp declines, as Federal Reserve officials signaled potential policy adjustments amid increasing labor market risks, boosting market sentiment. The three major indices all ended in positive territory. The dollar strengthened, while the 10-year U.S. Treasury yield retreated to 4.06%. Gold prices stabilized, while oil prices faced downward pressure.

Today, Hong Kong's three major indices opened higher. The Hang Seng Index (HSI) rose 0.92% to 25,452.87, the Hang Seng TECH Index gained 1.13%, and the Hang Seng China Enterprises Index climbed 0.81%.

Sector highlights: - **Tech stocks** broadly advanced, with NetEase up over 3%, Baidu rising more than 2%, and JD.com, Lenovo, Kuaishou, and Xiaomi each gaining over 1%. - **Gold stocks** were active, with China Gold International surging over 4%. - **Biotech** shares mostly rose, with Hengrui Pharmaceuticals up over 2%. - **Lithium battery** stocks opened higher, with CATL climbing more than 3%. - **Auto stocks** rallied, with GAC Group jumping over 7%. - **CHUANGXIN IND** debuted with a 38% surge on its first trading day.

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