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<H Shrs>HSI Opens Up 97 pts; NIO-SW, XPENG-W Rally; Oils Tick Up
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The HSI opened 97 points or 0.4% higher at 23,217. The HSCEI grew 44 points or 0.5% to 8,561. The HSTECH climbed 47 points or 0.9% to 5,441. Among tech stocks, BABA-W (09988.HK) opened up 0.9% at $129.1. TENCENT (00700.HK) edged up 0.8% to $501. MEITUAN-W (03690.HK), NEW ORIENTAL-S (09901.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) added 1.2-1.6%. XIAOMI-W (01810.HK) and BILIBILI-W (09626.HK) inched up 0.4% and 0.9%. In the automotive sector, LI AUTO-W (02015.HK) set a sales target of 700,000 vehicles for this year. Its stock price dipped 0.7% to $98.4 at open. NIO-SW (09866.HK) and XPENG-W (09868.HK) swelled 2.4% and 3.9%. BYD COMPANY (01211.HK) inclined 0.2% to $393.4. As Ping An Life Insurance added its holdings in ABC (01288.HK) and CM BANK (03968.HK), ABC opened 0.2% higher at $4.69, while CM BANK remained flat at $45.9. PING AN (02318.HK) hiked 1% to $46.75. With oil prices escalating to a five-week high, CNOOC (00883.HK) and PETROCHINA (00857.HK) opened rallying 1.2% and 1%. AAStocks Financial News |
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