Hang Seng Index Surges 2.3% at Open, Reclaiming 25,000 Level; Tech Stocks Lead Gains

Deep News04-01

U.S. stocks recorded significant gains on Tuesday, driven by improved market sentiment after former U.S. President Trump indicated a swift end to military operations in the Middle East. All three major indexes closed notably higher. The U.S. dollar weakened, while the yield on 10-year Treasury notes fell to 4.31%. Gold prices advanced, and oil prices retreated from recent highs.

Hong Kong’s three major indices opened higher today. The Hang Seng Index rose 2.3% at the open to 25,357.23 points, the Hang Seng Tech Index climbed 2.75%, and the Hang Seng China Enterprises Index gained 2.07%. Across the market, technology stocks broadly advanced, with Tencent up more than 4%, and Kuaishou, Bilibili, Baidu, and Alibaba each rising over 4%. AI application stocks opened higher, with KNOWLEDGE ATLAS surging 15%. Automobile stocks also saw widespread gains, with NIO up more than 6%. New consumption concept stocks rebounded, as Pop Mart rose over 3%. Innovative drug stocks were active, with WuXi AppTec climbing more than 5%. Semiconductor stocks generally advanced, with GigaDevice up over 8%.

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