HSI Soars 270 Pts; XIAOMI-W Rallies 15%; BYD opened at $201.6 after March auto sales surged 46% YoY.
Hong Kong bourse opened higher after the long Easter weekend. $Hang Seng Index (800000.HK)$ opened higher by 270 pts or 1.6% to 16,811. $Hang Seng China Enterprises Index (800100.HK)$ opened higher by 106 pts or 1.8% to 5,917. $Hang Seng TECH Index (800700.HK)$ opened higher by 81 pts or 2.3% to 3,558.
$XIAOMI-W (01810.HK)$ shot up 15% at $17.18 after the second round of additional sales of the Xiaomi SU7 EV Founders Edition was sold out. $BRILLIANCE CHI (01114.HK)$ rallied 15% as it will hold a board meeting next month to consider paying a special dividend. $GEELY AUTO (00175.HK)$ leaped 1.9% on 39% YoY increase in March sales. $BYD COMPANY (01211.HK)$ opened flat at $201.6 after the company's March auto sales rose 46% YoY. $LI AUTO-W (02015.HK)$ faded 0.9% after new car deliveries mounted 39% YoY in March.
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