Hong Kong Stocks Open Mixed: Tech Index Edges Up 0.26%, AI Application Shares Gain Momentum

Deep News08-07

US stocks closed lower on Thursday, as the market awaited the upcoming nonfarm payrolls data and a cautious sentiment prevailed, with all three major indexes ending the session in the red. The US dollar moved in a fluctuating upward trend, while the yield on the 10-year Treasury note rose back to the 4.67% level. Gold prices initially rallied but later declined, and oil prices rebounded from recent lows.

Hong Kong's three major stock indexes opened mixed today, with the Hang Seng Index dipping 0.01% to 25,526.65 points, the Hang Seng Tech Index rising 0.26%, and the State-owned Enterprises Index gaining 0.11%.

On the market board, technology and internet stocks showed mixed performance, with NetEase advancing over 1% and Xiaomi declining nearly 1%. The optical communication sector opened higher, with Zhongji Innolight climbing over 1%. Oil stocks were active, as CNOOC gained over 1%. Most AI application stocks rose, with Zhipu surging over 3%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment