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Hong Kong Stock Market Afternoon Review: Hang Seng Index back above 26,000 points, Tech Index surges 2.98%, Baidu up over 8%
Mars Finance News: On April 16, all three major indices of the Hong Kong stock market opened higher and continued to rise. By midday, the Hang Seng Index had gained 1.38%, regaining above 26,000 points; the Hang Seng Tech Index rose 2.98%; and the China Enterprises Index increased by 1.73%. Large technology stocks led the advance. Among them, Baidu surged by more than 8%, which was especially eye-catching; Alibaba rose more than 4%; and Tencent Holdings and JD.com both climbed nearly 3%. Chip stocks also strengthened, with Tianyan Zhixin up nearly 15%, Lanterne Technology up more than 10%, and GigaDevice up more than 8%. Meanwhile, popular sectors such as lithium batteries, optical communications concept stocks, software AI application stocks, automotive stocks, and Chinese-funded brokerage stocks all rose. In addition, photovoltaic stocks and Apple concept stocks fell against the trend, with Lens Technology dropping more than 14% after earnings. (Kezhu Bao Broadcast)