Hang Seng Tech Index Commences Trading Down 0.51%; Alibaba Soars Nearly 5%
2025-02-04 / Read about 0 minute
Author:小编   

Following the Spring Festival holiday, the Hong Kong stock market opened with broad declines, with the Hang Seng Index, the China Enterprises Index, and the Hang Seng Tech Index slipping by 0.87%, 0.92%, and 0.51%, respectively. Despite the general market weakness, certain technology stocks bucked the trend, capturing the spotlight. Notably, Kingsoft Cloud led the gains with a surge of 5.55%, while Alibaba climbed 4.81%. Additionally, SMIC and Xiaomi Group registered modest increases of 1.58% and 1.57%, respectively.