3rd January 2025 – (Hong Kong) The Hang Seng Index opened with an increase of 85 points, or 0.43%, reaching 19,708 points. The National Enterprises Index rose by 31 points, or 0.44%, to stand at 7,122 points, while the Technology Index climbed by 26 points, or 0.59%, settling at 4,383 points.
Technology stocks remained generally stable, with Tencent up by 0.4%, Alibaba rising by 2.2%, Meituan increasing by 0.4%, Xiaomi Group gaining 1.3%, JD.com up by 1.4%, and Kuaishou showing no movement.
Financial stocks displayed mixed performance. HSBC Holdings fell by 0.5%, while AIA Group increased by 1.1%, China Ping An rose by 0.1%, and Hong Kong Exchanges and Clearing also gained 0.1%.
Automobile stocks experienced upward momentum, with BYD up by 0.2%, Geely Auto increasing by 0.7%, Xpeng Motors also rising by 0.7%, NIO surging by 4%, and Li Auto gaining 0.3%.
