Back    Zoom +    Zoom -
<H Shrs>HSI Opens Up 44 pts Despite Sluggish Oil Stocks; MINIMAX-W Leaps 3%+
Recommend
3
Positive
2
Negative
3
The HSI opened up 44 points or 0.2% at 26,204. The HSCEI jumps 11 points or 0.1% to 8,856. The HSTECH rose 16 points or 0.3% to 5,059.

While oil prices rebounded, PETROCHINA (00857.HK) and CNOOC (00883.HK) fell 2.5% and 1.5% at open.

Related NewsPPI YoY for Mar in the United States is 4.0%, higher than the previous value of 3.4%. The forecast was 4.6%.
In the tech sector, TENCENT (00700.HK) and BABA-W (09988.HK) opened 0.2% and 0.5% lower. MEITUAN-W (03690.HK) dipped 0.8%. JD-SW (09618.HK), BIDU-SW (09888.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) inched up 0.4-0.7%.

Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) opened inclining 1.1% and 1%. BIREN TECH (06082.HK) leaped 2.7%. Handset component maker SUNNY OPTICAL (02382.HK) rallied 1.4%. AI stock KNOWLEDGE ATLAS (02513.HK) edged 0.6% higher. MINIMAX-W (00100.HK) rallied 3.6%. Optical communication stock CIG (06166.HK) surged 7.6%.

Among carmakers, BYD COMPANY (01211.HK) and XPENG-W (09868.HK) opened 1% and 1.1% higher. XIAOMI-W (01810.HK) edged up 0.1%. LEAPMOTOR (09863.HK) and NIO-SW (09866.HK) dropped 2.1% and 1.4%.

Related NewsCiti Reiterates Buy on Amazon (AMZN.US), Says Acquisition of Globalstar Accelerates LEO Direct-to-Device Strategy


Auto-translated by AI

AASTOCKS Financial News