Hong Kong Stock Market Update | JD-SW rises nearly 7%, leading the technology and internet stocks. Expectations of a rate cut by the Federal Reserve surge, institutions claim that the sector's cost-effectiveness is prominent.
I'm PortAI, I can summarize articles.
Tech stocks on the Hong Kong Stock Exchange opened higher, with the Hang Seng TECH Index rising nearly 3% during the session. JD-SWR-SW rose 6.88%, Meituan-W rose 5.01%, BIDU-SWR-SW rose 4.66%, Alibaba-SW rose 4.27%, and Tencent rose 2.81%. Expectations of a rate cut by the Federal Reserve have surged, with institutions believing that domestic internet sector stocks offer attractive value for money.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments