The Hang Seng Index opened 0.28% higher at 23,156.96 points on October 26.
The Hang Seng Tech Index gained 0.43% to 3,888.14 points, the China Enterprises Index rose 0.28% to 7,777.68 points, and the Hang Seng China-Affiliated Corporations Index edged up 0.08% to 3,845.79 points.
Pharmaceutical and information technology stocks led the gains, with the Hang Seng Healthcare Index rising 0.84% and the Hang Seng Information Technology Index climbing 0.80%, ranking among the top two performers of the 12 Hang Seng industry indices.
The top three gainers among Hang Seng Index constituents were Techtronic Industries Co. Ltd. (HKG: 0669) up 5.73%, NetEase Inc. (HKG: 9999) up 4.97%, and China Resources Land Ltd. (HKG: 1109) up 1.69%.
The top three gainers among Hang Seng Tech Index constituents were NetEase Inc. (HKG: 9999) up 4.97%, Li Auto Inc. (HKG: 2015) up 1.06%, and Sunny Optical Technology Group Co. Ltd. (HKG: 2382) up 1.03%.
On the downside, the Hang Seng Materials Index fell 0.78%, the largest decline among the 12 Hang Seng industry indices, while the Hang Seng Financials Index dropped 0.15%, with only these two sectors declining out of the 12 industry indices.
Zijin Mining Group Co. Ltd. (HKG: 2899) posted the largest decline among Hang Seng Index constituents, falling 1.56%.
Among the 95 Hang Seng Index constituents, 41 advanced, 26 declined, 27 opened flat, and one lacked an opening price. Among Hang Seng Tech Index constituents, 13 rose, 14 fell, and 3 opened flat.
On Friday (October 23), the three major U.S. stock indices closed lower. The Dow Jones Industrial Average fell 1.23% to 52,215.16 points, the S&P 500 dropped 0.52% to 7,623.68 points, and the Nasdaq Composite declined 0.21% to 25,955.34 points. The Philadelphia Semiconductor Index gained 0.44%, while the Nasdaq Golden Dragon China Index fell 0.84%.
International oil prices rose sharply, while spot gold dropped 0.69%, falling below the $4,000 mark.
In the previous trading day (October 23), the Hang Seng Index closed up 0.69% at 23,093.37 points, and the Hang Seng Tech Index rose 2.05% to 3,871.66 points.
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Hong Kong Stocks Open Higher: Hang Seng Index Up 0.28%, Pharma and Tech Shares Lead Gains, NetEase Surges Nearly 5%
Stock News09:52
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