Hong Kong Stocks Open Higher: HSI Up 0.36%, Tech Index Gains 0.48%; Tech and Auto Stocks Active, Gold Shares Decline

Deep News11-03

U.S. stocks closed higher on Friday, driven by strong earnings from tech companies, with all three major indices posting gains. The dollar strengthened, while the 10-year Treasury yield fell to 4.08%. Gold prices fluctuated with a downward bias, and oil prices remained stable.

Today, Hong Kong's three major indices opened higher. The Hang Seng Index (HSI) rose 0.36% to 25,999.17, the Hang Seng Tech Index gained 0.48%, and the Hang Seng China Enterprises Index climbed 0.33%.

Sector-wise, most tech stocks advanced, with Bilibili (哔哩哔哩) up over 2%, and Xiaomi (小米) and Lenovo (联想) rising more than 1%. Biotech stocks mostly gained, with JW Therapeutics (药明巨诺) surging over 11%. Auto stocks were active, with NIO (蔚来) up more than 3%. Chinese brokerage stocks broadly rose, with China Merchants Securities (招商证券) climbing over 1%. Gold stocks declined, led by Zijin Mining (紫金矿业), which fell over 2%.

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