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Hong Kong stock opening | Hang Seng Index opened 0.49% higher, Technet shares rose higher, Xiaopeng Group-W (09868) rose more than 3%
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The Zhitong Finance App learned that on August 26, the Hang Seng Index rose 0.49% to 25,635.24 points; the Hang Seng Technology Index rose 0.75% to 4,622.98 points; and the State-owned Enterprises Index rose 0.65% to 8,500.55 points.

Technology Network stocks rose, with JD Group-SW (09618) up nearly 2%, NetEase (09999) up 1.71%, Alibaba-W (09988) up 1.31%, Meituan-W (03690) up 1.30%, Xiaomi Group-W (01810) up 0.86%, Kuaishou-W (01024) up 0.84%, and Tencent Holdings (00700) up 0.68%.

Auto stocks rebounded, and Xiaopeng Group-W (09868) rose more than 3%. In terms of consumer stocks, Nongfu Spring (09633) rose more than 2%, and Zhou Liufu (06168) rose more than 3%.

Chinese brokerage stocks were active, and China Merchants Securities (06099) rose more than 1%. Petroleum stocks declined, and CNOOC (00883) fell nearly 2%. According to news, international oil prices fell overnight.

Overnight, the three major US stock indices rose. The Dow rose 0.30%, the S&P 500 index rose 0.32%, and the NASDAQ rose 0.66%; the Philadelphia Semiconductor Index rose 1.4%, Nvidia rose 2.2% to end seven consecutive declines; and the NASDAQ China Golden Dragon Index rose 1.1%.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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