On June 29, the three major Hong Kong stock indexes opened higher and continued to advance, with the Hang Seng Index rising 1% and the Hang Seng Tech Index gaining nearly 3%.
Among the constituents of the Hang Seng Index, Baidu Inc surged over 5%, while NetEase Inc, Meituan, and Trip.com Group Ltd each gained more than 4%. Alibaba Group Holding Ltd, Semiconductor Manufacturing International Corporation (SMIC), and JD.com Inc also rose more than 3%.
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