Hang Seng Index Opens Higher by 0.51%, Tech Sector Gains 0.85%

Deep News05-06

U.S. stocks showed positive momentum on Tuesday, with optimism rising over the potential reopening of the Strait of Hormuz, boosting market sentiment. All three major indices closed higher. The U.S. dollar remained stable, while the yield on the 10-year Treasury note fell to around 4.42%. Gold prices fluctuated but ended higher, while oil prices retreated from recent highs.

In today's trading session, Hong Kong's three major indices opened collectively higher. The Hang Seng Index rose 0.51% at the open to 26,029.65 points, the Hang Seng Tech Index advanced 0.85%, and the Hang Seng China Enterprises Index gained 0.64%.

Among sector performances, technology and internet stocks generally rose, with Lenovo Group climbing over 1%, while NetEase and Alibaba Group both increased nearly 1%. Semiconductor stocks opened higher, with Hua Hong Semiconductor surging more than 4%. Some lithium battery shares also gained, as Contemporary Amperex Technology rose over 3%. Gold-related stocks were active, with Lingbao Gold advancing more than 3%. Today marked the listing of Cofoe Medical, which saw a first-day increase of over 1%.

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