"Hong Kong Stocks" The Hang Seng Index opened high at 175 points, NetEase and POP MART rose, HSBC surpassed 140 HKD

AASTOCKS
2026.02.10 01:31

U.S. tech stocks continued to rebound, with the Nasdaq rising 0.9% overnight (on the 9th). The Monetary Authority provided HKD 1.18 billion to banks through the discount window, the highest in nearly three months. Hong Kong stocks opened higher in the morning. The Hang Seng Index opened up 175 points or 0.6% at 27,202 points; the National Index opened up 58 points or 0.6% at 9,226 points; the Hang Seng Tech Index opened up 44 points or 0.8% at 5,461 points.

In major tech stocks, Tencent (00700.HK) opened up 0.5% at HKD 563, Meituan (03690.HK) opened flat at HKD 91.05, Kuaishou (01024.HK), JD.com (09618.HK), Baidu (09888.HK), and Alibaba (09988.HK) opened up 1% to 1.2%, while NetEase (09999.HK) opened up 2.4%. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened up 1.2% and 1.1%, respectively. In the automotive sector, BYD (01211.HK) and Xiaomi (01810.HK) opened up 1.1% and 0.9%.

Commodity stocks generally opened higher, with China Silver (00815.HK), Zijin Mining International (02259.HK), and Jiangxi Copper (00358.HK) opening up 1.5% to 1.6%, while Chalco (02600.HK) and Luoyang Molybdenum (03993.HK) opened up 2% and 2.5%, respectively. Zijin (02899.HK) opened up 2.9%.

Zhaojin (01818.HK) opened down 6.1%. Domestic media reported that a hoisting accident occurred at the Shandong Zhaoyuan Cangzhuang Gold Mine, resulting in 7 deaths, and the company is suspected of concealing the incident and is under investigation.

In the financial sector, HSBC (00005.HK) opened up 0.9% at HKD 140.5, while the Hong Kong Stock Exchange (00388.HK) and AIA (01299.HK) opened up 0.8% and 1%, respectively.

POP MART (09992.HK) sold over 400 million IP products globally last year, and the stock opened up 2.4%. Longfor (00960.HK) saw a 45% decrease in total contract sales last month, and its stock opened up 0.5%. Huiju Technology (01729.HK) raised HKD 1.64 billion through a nearly 15% discounted placement, and the stock opened down 1.7% at HKD 17.6

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