Tech and financial shares lift Hang Seng Index
Thursday, May 21, 2026       08:52 WIB

21st May 2026 - (Hong Kong) Hong Kong equities opened higher this morning, buoyed by gains in technology and financial stocks, while oil-related counters came under pressure amid softer crude prices.
The Hang Seng Index rose 182 points, or 0.71 per cent, at the open to 25,833. The Hang Seng China Enterprises Index advanced 47 points, or 0.54 per cent, to 8,652, while the Hang Seng Tech Index climbed 50 points, or 1.04 per cent, to 4,924.
Major technology names traded largely in positive territory. Tencent Holdings gained 1 per cent, Alibaba Group added 0.5 per cent and Meituan rose 1.6 per cent. Xiaomi edged up 0.2 per cent, while JD.com was unchanged. Kuaishou advanced 0.4 per cent.
Financial stocks also provided support to the broader market. HSBC Holdings surged 3.1 per cent, AIA Group rose 0.4 per cent and Ping An Insurance gained 0.9 per cent. Hong Kong Exchanges and Clearing edged up 0.2 per cent.
Chipmakers extended recent gains, with Semiconductor Manufacturing International Corporation rising 3.7 per cent and Hua Hong Semiconductor adding 2.4 per cent.
In contrast, energy shares weakened as oil prices retreated. CNOOC fell 2.1 per cent and PetroChina declined 0.8 per cent.

Sumber : Dimsumdaily.hk