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Hang Seng Index Jumps 1.72% at Open, Alibaba Rallies Nearly 15%
3 week ago /
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Author：小编
Hong Kong stocks commenced trading with a robust start, as the Hang Seng Index surged 1.72% and the Hang Seng TECH Index advanced 2.08%. Notably, the retail and semiconductor sectors emerged as standouts, with Alibaba's share price skyrocketing by nearly 15% and Semiconductor Manufacturing International Corporation (SMIC) shares gaining over 6%. Conversely, the automotive and construction sectors lagged behind, with Xpeng Motors and China Railway Engineering both witnessing their share prices decline by more than 1%.
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