$Hang Seng Index (800000.HK)$ opened 26 points or 0.2% lower at 17,847. $Hang Seng China Enterprises Index (800100.HK)$ opened 16 points or 0.3% lower at 6,290. $Hang Seng TECH Index (800700.HK)$ opened 22 points or 0.6% lower at 3,478.
For autos, $XPENG-W (09868.HK)$ jumped up 2.3% after it launched mass market brand, with a selling price starting from nearly US$17,000. Its peer $LI AUTO-W (02015.HK)$ receded 7.6% to $77.6 as it will release results today. $BYD COMPANY (01211.HK)$ ebbed 0.3...

Hong Kong stocks opened higher in the morning session. $Hang Seng Index (800000.HK)$ opened 92 points or 0.5% higher at 17,661. $Hang Seng China Enterprises Index (800100.HK)$ opened 35 points or 0.6% higher at 6,261. $Hang Seng TECH Index (800700.HK)$ opened 39 points or 1.1% higher at 3,556.
US EV maker $Tesla (TSLA.US)$ escalated 3%, while EVs $LI AUTO-W (02015.HK)$ and $NIO-SW (09866.HK)$ jumped 3% and 2.9%. $XPENG-W (09868.HK)$ ascended 1.8%, while $BYD COMPANY (01211.HK)$ climbed 0...

$Hang Seng Index (800000.HK)$ opened 48 points or 0.3% higher at 17,160. $Hang Seng China Enterprises Index (800100.HK)$ opened 16 points or 0.3% higher at 6,046. $Hang Seng TECH Index (800700.HK)$ opened less than 1 point lower at 3,428.
Tensions in the Middle East triggered gold and oil prices to rise, $PETROCHINA (00857.HK)$ and $CNOOC (00883.HK)$ opened elevating 1.2% and 2.1%, while $ZIJIN MINING (02899.HK)$ opened inclining 1.7%.
As for tech stocks, $TENCENT (00700.HK)$ o...

$Hang Seng Index (800000.HK)$ opened 12 pts or 0.1% higher at 17,102; $Hang Seng China Enterprises Index (800100.HK)$ opened 7 pts or 0.1% higher at 6,025; $Hang Seng TECH Index (800700.HK)$ opened 1 pt or 0.04% higher at 3,438.
Among the major techs, $BABA-W (09988.HK)$  opened flat at $77.85. $TENCENT (00700.HK)$ inched up 0.5% at $372. $MEITUAN-W (03690.HK)$ dipped 0.3%. $XIAOMI-W (01810.HK)$ entered the top three in Japan in terms of mobile phone shipments, but its st...

Hong Kong stocks opened higher significantly in the morning session. $Hang Seng Index (800000.HK)$ opened 205 points or 1.2% higher at 17,097. $Hang Seng China Enterprises Index (800100.HK)$ opened 77 points or 1.3% higher at 6,018.  $Hang Seng TECH Index (800700.HK)$ opened 70 points or 2.1% higher at 3,436.
The 2Q24 net profit of chip stocks $SMIC (00981.HK)$ / $HUA HONG SEMI (01347.HK)$ fell 59%/ 91%+ YoY, and their share prices mounted 7.3%/ 2.7%. HUA HONG SEMI decreas...

DJIA rebounded 294 points or 0.8% last night after a pause in JPY carry trade unwinding, and Hong Kong stocks opened higher in the morning. $Hang Seng Index (800000.HK)$  opened 37 points or 0.2% higher at 16,684, while $Hang Seng China Enterprises Index (800100.HK)$ opened 16 points or 0.3% higher at 5,868. $Hang Seng TECH Index (800700.HK)$ opened 19 points or 0.6% higher at 3,361.
$NEW ORIENTAL-S (09901.HK)$ increased buyback to USD700 million and p...

At midday, $Hang Seng Index (800000.HK)$ waned 36 points or 0.2% to 16,908. $Hang Seng China Enterprises Index (800100.HK)$ lowered 24 points or 0.4% to 5,950. $Hang Seng TECH Index (800700.HK)$ advanced 3 points or 0.1% to 3,389. Half-day turnover totalled $60.82 billion.
$TENCENT (00700.HK)$ incremented 0.3% to $359.2 after China approved 75 imported online games, including Rainbow Six Siege agented by TENCENT.
As for other tech stocks, $BABA-W (09988.HK)$ closed the half-day flat ...

$Hang Seng Index (800000.HK)$ opened 16 points or 0.1% lower at 17,327. $Hang Seng China Enterprises Index (800100.HK)$ opened 5 points or 0.1% lower at 6,101. $Hang Seng TECH Index (800700.HK)$ opened 13 points or 0.4% lower at 3,503.
$BUD APAC (01876.HK)$ opened flat at $9.51 this morning, but its losses widened in the early session as its interim net profit fell 5.9%, missing JPMorgan's estimations. $XINYI SOLAR (00968.HK)$ picked up 0.8% to $3.74, after it recorded a 41% hik...

The market once again speculated a rate cut by the Fed, as the US PCE inflation last month was in line, shoring up the DJIA by 654 pts or 1.6% last Friday (26th). The Hong Kong stock market opened higher this morning, echoing the external market. $Hang Seng Index (800000.HK)$ opened 175 pts or 1% higher at 17,196; $Hang Seng China Enterprises Index (800100.HK)$ opened 64 pts or 1.1% higher at 6,074; and $Hang Seng TECH Index (800700.HK)$ opened 48 pts or 1.4% higher at 3,491.
For techs, $BABA-W (09988.HK)$ and ...

Hong Kong stocks opened higher in the morning, with $Hang Seng Index (800000.HK)$ opening 74 points or 0.4% higher at 17,079. $Hang Seng China Enterprises Index (800100.HK)$ opened 33 points or 0.6% higher at 6,050. $Hang Seng TECH Index (800700.HK)$ opened 22 points or 0.7% higher at 3,443.
$EAST BUY (01797.HK)$ shares opened cratering 15% at $10.54 after Dong Yuhui quit the company and the company announced its intention to buy back up to RMB500 million ...