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On December 29, the Hong Kong stock market exhibited a positive start, with the Hang Seng Index opening 0.43% higher at 25,928.89 points. Meanwhile, the Hang Seng Tech Index also saw an uptick, climbing 0.88% to reach 5,547.79 points. Key sectors driving the upward trend included non-ferrous metals, automobiles, and semiconductors. Notably, Shanghai Fudan Microelectronics Group soared by over 12%, while China Nonferrous Mining and XPeng Motors both witnessed gains exceeding 5%. Additionally, Leapmotor experienced a rise of more than 4%. In contrast, the household goods, hardware equipment, and environmental protection sectors lagged behind. Shangmei Environment Technology's shares plummeted by over 7%, whereas Xiaomi Corporation and Dongjiang Environmental Protection saw declines of more than 1%.
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