On May 7, 2026, the Hang Seng Index in Hong Kong made a robust start, opening 1.21% higher. Meanwhile, the Hang Seng Tech Index also demonstrated strong momentum, climbing by 2.41%. The tech sector was abuzz with activity, as popular tech stocks generally witnessed an uptick. Notably, Kuaishou soared by over 5%, Baidu Group experienced a significant surge of more than 4%, while industry giants like Alibaba and others saw their shares climb more than 3%. Additionally, XPeng Group and other tech firms also posted gains exceeding 2%.
