Hong Kong stocks open | Hang Seng Index rises 0.53% AI concept strengthens MINIMAX-W up nearly 5%
On August 10th, the three major Hong Kong stock indices opened higher, with the Hang Seng Index rising 0.53% and the Hang Seng TECH Index increasing by 0.85%. The AI concept strengthened, with MINIMAX-W rising nearly 5%; tech stocks generally rose, with JD.com and Alibaba slightly up; gold and pharmaceutical stocks were active. Influenced by the overnight rise in U.S. stocks and U.S. non-farm payroll data falling short of expectations, market interest rate hike expectations cooled, leading to a rise in gold prices
According to Zhitong Finance APP, on August 10th, the three major Hong Kong stock indices opened higher, with the Hang Seng Index rising 0.53% to 25,805.18 points; the Hang Seng TECH Index rising 0.85% to 4,899.51 points; and the Hang Seng China Enterprises Index rising 0.61% to 8,583.82 points.
On the market, technology stocks generally rose, with JD.com-SW (09618) up 1.41%, Alibaba-W (09988) up 1.29%, NetEase-S (09999) up 1.36%, and Bilibili-W (09626) up 1.04%. The AI concept strengthened, with MINIMAX-W (00100) up 4.78% and Zhiyu (02513) up 3.69%. Gold stocks rose, with Lao Pu Gold (06181) up 3.98% and Lingbao Gold (03330) up 1.33%. Pharmaceutical stocks were active, with Zai Lab (09688) up 4.65%. The robotics concept strengthened, with UBTECH (09880) up 2.61%. In individual stocks, Guotai Junan International (01788) opened 37.02% higher.
Overnight, the three major U.S. stock indices rose, with the Nasdaq up 1.3%, the S&P 500 up 0.60%, and the Dow Jones up 0.28%; U.S. non-farm data came in below expectations, cooling market expectations for interest rate hikes. COMEX gold rose 2.37%, with gold prices strengthening
