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At the close of Hong Kong stocks, the Hang Seng Index closed up 1.74% and the Tech Index closed up 3.08%. Auto stocks strengthened throughout the day, with Xpeng Motors (09868.HK) closing up 6.66% and Leapmotor (09863.HK) up 7.01%. Standard Chartered

2025-05-02

At the close of Hong Kong stocks, the Hang Seng Index closed up 1.74% and the Tech Index closed up 3.08%. Auto stocks strengthened throughout the day, with Xpeng Motors (09868.HK) closing up 6.66% and Leapmotor (09863.HK) up 7.01%. Standard Chartered Group (02888.HK) closed up 0.71% and HSBC Holdings (00005.HK) fell 1.03%.

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Duolingo shares rose 8.8% in premarket trading after the company raised its revenue and profit forecasts for fiscal 2025.

Duolingo shares rose 8.8% in premarket trading after the company raised its revenue and profit forecasts for fiscal 2025.
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