Hang Seng Index opens higher as Xiaomi hits new high

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27th January 2025 – (Hong Kong) The Hang Seng Index opened 51 points, or 0.25%, higher at 20,118 points, while the National Enterprises Index rose 33 points, or 0.45%, to 7,345 points. The Technology Index gained 48 points, or 1.04%, reaching 4,706 points.

Technology stocks showed robust performance, with Xiaomi Group hitting a new high, climbing 2.1%. In contrast, Tencent fell by 0.6%, while Alibaba also increased by 2.1%. Meituan and JD.com both rose by 1.2%, and Kuaishou edged up 0.2%.

Financial stocks exhibited mixed results; HSBC Holdings dropped 0.7%, and AIA fell by 1.7%. Conversely, China Ping An gained 0.3%, and Hong Kong Exchanges and Clearing rose by 0.8%.

Chip stocks continued their upward trend, with SMIC rising 1.5% and Hua Hong Semiconductor increasing by 1.4%.






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