Hong Kong Stock Market Opening: HSTECH, XPeng, NIO, Xiaomi, Tencent, and Bilibili Performance

On August 22, the Hong Kong stock market opened with the Hang Seng Index rising by 0.4% and the Hang Seng Technology Index by 0.99%. Notable stock performances included XPeng up over 9%, NIO up nearly 6%, Xiaomi and Tencent up 1%, and Bilibili down 5%. Additionally, JD.com rose by 0.5%.

Latest News

08-23
Chinese ADRs Extend Rally. NIO, MINISO up 17%; Kingsoft Cloud up over 9%; YINN, CHAU up over 6%; XPeng up 5%; Alibaba up 4%; PDD Holdings up over 3%
Chinese ADRs Extend Rally. NIO, MINISO up 17%; Kingsoft Cloud up over 9%; YINN, CHAU up over 6%; XPeng up 5%; Alibaba up 4%; PDD Holdings up over 3%
08-22
Hong Kong Stocks Close Higher as Investors Await Fed Meeting Outcome
Hong Kong Stocks Close Higher as Investors Await Fed Meeting Outcome
08-22
Closing | Hong Kong stocks closed mixed, XPeng surged 13.60%, Bilibili fell 6.15%
Closing | Hong Kong stocks closed mixed, XPeng surged 13.60%, Bilibili fell 6.15%
08-22
BUZZ-Xpeng HK shares at 5-month peak after chairman buys shares
BUZZ-Xpeng HK shares at 5-month peak after chairman buys shares
08-22
HK Movers | EV Stocks Jump With XPeng up 13%, NIO up 9%
HK Movers | EV Stocks Jump With XPeng up 13%, NIO up 9%
08-22
开盘|港股开盘涨跌不一,小鹏汽车涨超9%,一脉阳光跌超6%
开盘|港股开盘涨跌不一,小鹏汽车涨超9%,一脉阳光跌超6%
08-22
Hong Kong stocks open mixed, XPeng-W rises over 9%, Rimag Group drops over 6%
Hong Kong stocks open mixed, XPeng-W rises over 9%, Rimag Group drops over 6%

User Discussion

$NIO Inc.(NIO)$ NIO has been on a tear the past few sessions, ran from ~$5.8 to ~$6.5 with huge volume. Momentum looks strong, but the RSI is now above 88 and stochastics are flashing overbought. Technically, that’s a big red flag. Stocks can stay overbought for a while if hype continues, but usually it means we’re due for some kind of pullback or consolidation. 👉 Support zones I’m watching: $5.30. If the hype cools, that’s the area where price might settle. 👉 Resistance right now: around $6.70, if it breaks above there with volume, shorts may feel real pain. I’m personally cautious here. Great for traders riding momentum, but risk/reward at these levels is looking less attractive unless you believe the ES8 launch hype will translate