Hong Kong Stocks Open Higher with Tech and Gold Sectors in Focus

Deep News09:32

Major US stock indices closed slightly lower overnight, with the Dow Jones, S&P 500, and Nasdaq falling by 0.01%, 0.14%, and 0.57%, respectively.

In Hong Kong, the three primary indices opened higher on Tuesday. The Hang Seng Index started the day up 0.3% at 24,966.53 points. The Hang Seng Tech Index gained 0.2%, while the Hang Seng China Enterprises Index rose by 0.19%.

Key Market Movements at the Open

Technology stocks presented a mixed picture. Lenovo Group Ltd (HKEX: 0992) saw its shares rise over 3%, whereas Xiaomi Corp (HKEX: 1810) shares fell more than 1%.

Shares of printed circuit board (PCB) manufacturers opened notably higher, with Shengyi Technology Co Ltd (HKEX: 600183) advancing over 4%.

The gold sector experienced broad-based gains, with Lingbao Gold Group Ltd (HKEX: 3330) climbing more than 4%.

Biopharmaceutical stocks also showed activity, as AKESO Inc (HKEX: 9926) increased by over 2%.

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.

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