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<H Shrs>HSI Opens 169 Pts Higher as HSBC HOLDINGS Leaps 2%+; Gold Miners Gain
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Hong Kong stocks opened higher in the morning session. The HSI opened 169 points or 0.7% higher at 25,710. The HSCEI opened 51 points or 0.6% higher at 9,006. The HSTECH opened 30 points or 0.6% higher at 5,611. BABA-W (09988.HK) climbed 1.2% to $155 after reports that second-hand prices for Quark AI glasses surged to RMB5,000, with orders delayed by 45 days. KUAISHOU-W (01024.HK) introduced new policies for comic-style short plays, offering up to 4% additional marketing placement rebates and RMB20,000 incentives per series, boosting its share price by 1% alongside the broader market. NTES-S (09999.HK) reported over 5 million global pre-registrations for the international server of its Where Winds Meet mobile game, and its share price ascended 1.1%. SUNNY OPTICAL (02382.HK) picked up 0.6% as its November handset lens set shipments rose by 7.5% YoY. For financials, HSBC HOLDINGS (00005.HK) jumped up 2.4% to $114.4, while HKEX (00388.HK) and AIA (01299.HK) inched up 0.2% and 0.3%. Following the Fed's restart of quantitative easing, gold miners CHINAGOLDINTL (02099.HK) and SD GOLD (01787.HK) ballooned 1.8%, while ZIJIN MINING (02899.HK) elevated 2%. Homebuilder LINK REIT (00823.HK) added 0.8%. AAStocks Financial News Website: www.aastocks.com |
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