HSI Opens Inclining 43 pts; NIO, LI AUTO & XPENG Rally, as BYD Sinks

Hong Kong stocks opened higher in the morning. $Hang Seng Index(800000.HK)$ HSI opened 43 points or 0.3% higher at 17,679, while $Hang Seng China Enterprises Index(800100.HK)$ opened 12 points or 0.2% higher at 6,266. $Hang Seng TECH Index(800700.HK)$ opened 23 points or 0.7% higher at 3,634.

$LI AUTO-W(02015.HK)$ and $NIO-SW(09866.HK)$ opened rising 1.4% and 1.8%, while $XPENG-W(09868.HK)$ opened lifting 3.7%. $Berkshire Hathaway-A(BRK.A.US)$ reduced its stake again in $BYD COMPANY(01211.HK)$ to below 5%, and BYD opened 0.4% down at $245.