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Morning Commentary on Hong Kong Stocks: Major Indexes Open Higher, Biopharmaceuticals Surge, CATL Soars 12.55% on Debut
2025-05-20 /
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Author：小编
Overnight, U.S. markets closed marginally higher, while popular Chinese concept stocks broadly declined. Hong Kong's major stock indexes opened on a positive note, with significant gains seen across large technology stocks, biopharmaceuticals, and automotive stocks. Notably, Contemporary Amperex Technology Co. Ltd. (CATL) surged 12.55% on its first day of listing. Conversely, sporting goods stocks, steel stocks, and e-cigarette-related stocks experienced declines.
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