Hong Kong Stocks Surge, Hang Seng Index Opens Up 543 Points

　　Image Source: rthk

　　Hong Kong stocks continued their upward momentum, with the Hang Seng Index opening up 543 points (+2.6%), at 21,175 points; the National Index opened up 199 points (+2.7%), at 7,499 points; and the Hang Seng Tech Index opened up 195 points (+4.4%), at 4,648 points. Property stocks such as Longfor (00960.HK) and Yuexiu Property (00123.HK) opened up 15% and 14% respectively, benefiting from the Ministry of Housing's support for first-tier cities.

　　Shanghai supports car trade-ins, with Xiaopeng (09868.HK) and Li Auto (02015.HK) opening up 7.4% and 5.3%. A subsidiary of NIO (09866.HK) secured a strategic investment of 3.3 billion yuan, with its stock price opening up 15%. In the tech sector, Alibaba (09988.HK), JD.com (09618.HK), and Kuaishou (01024.HK) opened up between 4.9% and 5%.

　　Additionally, Tencent (00700.HK) opened up 2.7% due to new game licenses. Financial stocks such as HKEX (00388.HK) and AIA (01299.HK) opened over 5% higher. Consumer stocks including Tongcheng Travel (00780.HK) and Mengniu (02319.HK) also opened more than 5% higher. WuXi Biologics (02269.HK) opened up 9.5%.