Hong Kong stocks opened lower then rallied: Hang Seng Tech Index rose over 1% and the Hang Seng Index gained 0.7%. Tech/internet names led the move — Meituan (03690.HK) +4.7%, Xiaomi Group (01810.HK) +3.5%, Baidu (09888.HK) +2.5%, Alibaba Group (0998

2026-07-07

Hong Kong stocks opened lower then rallied: Hang Seng Tech Index rose over 1% and the Hang Seng Index gained 0.7%. Tech/internet names led the move — Meituan (03690.HK) +4.7%, Xiaomi Group (01810.HK) +3.5%, Baidu (09888.HK) +2.5%, Alibaba Group (09988.HK) nearly +2%.