Hang Seng Index Edges Up, Tech Index Dips 0.13%, Gold Stocks Broadly Lower with Bilibili Down Over 4%

Deep News05-15 09:37

U.S. stocks closed higher on Thursday, buoyed by positive sentiment from the meeting between the Chinese and U.S. heads of state and continued enthusiasm for artificial intelligence concepts. The S&P 500 and Nasdaq indices reached new record highs, with all three major U.S. indices finishing in positive territory. The U.S. dollar strengthened, and the yield on the 10-year U.S. Treasury note rose to around 4.48%. Gold prices remained soft, while oil prices stayed elevated.

In today's session, Hong Kong's three major indices showed mixed performance. The Hang Seng Index opened slightly higher by 0.01% at 26,391.02 points. The Hang Seng Tech Index fell by 0.13%, and the Hang Seng China Enterprises Index declined by 0.26%.

Sector performance was varied. Technology and internet stocks were mixed: Lenovo Group gained over 2%, while NetEase and Meituan fell more than 1%, and Bilibili dropped over 4%. Most smart driving concept stocks advanced, with Xidi Zhijia rising over 5%. The semiconductor sector was also mixed, with Hua Hong Semiconductor climbing over 2%. Gold stocks were broadly lower, with Lingbao Gold declining more than 2%.

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