"Hong Kong Stocks" Hang Seng Index opened high at 154 points, technology stocks rebound

U.S. software stocks rebounded, with the Nasdaq rising over 1% on the night of the 24th, and the Dow Jones up 0.8%. Hong Kong stocks opened higher in the morning. The Hang Seng Index opened up 154 points or 0.6%, at 26,745 points; the National Index opened up 61 points or 0.7%, at 9,069 points; the Hang Seng Tech Index opened up 45 points or 0.9%, at 5,316 points.

JD.com (09618.HK) launched a one-on-one urgent delivery service, with JD.com opening up 1%, Alibaba (09988.HK) and Meituan (03690.HK) each opening up 1.2%. In other tech stocks, Tencent (00700.HK), Kuaishou (01024.HK), and Baidu (09888.HK) opened up 0.2% to 0.5%, while NetEase (09999.HK) opened up 1.5%. Chip stocks SMIC (00981.HK) and Hua Hong Semiconductor (01347.HK) each opened up 1.7%. AI model stocks Zhizhu (02513.HK) and MiniMax (00100.HK) opened down 5.9% and 4.4%.

Yushu launched the four-legged robot Unitree As2, with Sanken (02050.HK) opening up 1.2%. Other robotics concept stocks also opened higher. Yujian (02432.HK) opened up 1.9%, while UBTECH (09880.HK) and SUTENG (02498.HK) opened up 0.5% and 0.8%. In the automotive sector, BYD (01211.HK) opened flat at HKD 99.35, and Xiaomi (01810.HK) opened flat at HKD 35.74. Li Auto (02015.HK) and XPeng (09868.HK) opened up 1.5% and 2.8%.

In the financial sector, HSBC (00005.HK) will announce its annual results today (25th), with its stock opening up 0.4% at HKD 135.9. Hong Kong Exchanges and Clearing (00388.HK) and AIA (01299.HK) opened up 0.5% and 0.8%. Standard Chartered (02888.HK) saw its London stock price drop over 1% after earnings, trading 4.4% lower than its Hong Kong price, and opened down 1.2% at HKD 195.5 in the morning.

With the local budget announcement imminent, local property stocks New World Development (00016.HK) and Cheung Kong Holdings (01113.HK) opened down 1.7% and 0.5%. Maoyan Entertainment (01896.HK) forecasted a profit of at least RMB 540 million last year, doubling its earnings, and opened up 4%. In other stocks, Trip.com (09961.HK) opened up 2.1%, and Haidilao (06862.HK) opened up 2.7%, with reports indicating that the number of tourists and spending during this year's Spring Festival holiday in mainland China reached record highs. WH Group (00288.HK) rose against the market yesterday and opened down 3.2% in the morning