---
title: "【Hong Kong Stock Market Opens】Li Auto Soars 4%! Meituan Opens High by 2%"
description: "Hong Kong stocks collectively opened higher on August 30th, with the Hang Seng Index rising by 0.05% to 17,794.41 points. The performance of tech stocks varied, with Baidu falling by over 2%, Alibaba "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/212974821.md"
published_at: "2024-08-30T01:53:03.000Z"
---

# 【Hong Kong Stock Market Opens】Li Auto Soars 4%! Meituan Opens High by 2%

> Hong Kong stocks collectively opened higher on August 30th, with the Hang Seng Index rising by 0.05% to 17,794.41 points. The performance of tech stocks varied, with Baidu falling by over 2%, Alibaba and JD.com falling by over 1%. Li Auto rose by 4.4%, while Great Wall Motor and XPeng rose by 4.6% and 4% respectively. Meituan opened higher by over 2%

Investment Insights - **On August 30th, the three major Hong Kong stock indices opened higher collectively, with the Hang Seng Index up 0.05% to 17,794.41 points, the Hang Seng Tech Index up 0.43%, and the H-share index up 0.12%.**

On the market, tech stocks showed mixed movements, with Baidu dropping over 2%. Alibaba and JD.com fell over 1%. Meituan (03690) opened higher by over 2%. Tencent (00700) opened flat.

Some Hong Kong car stocks opened higher, with Great Wall Motor (02333) up 4.6%, Li Auto (02015) up 4.4%, XPeng (09868) up 4%. BYD (01211) opened 1.1% higher.

Bank of China Hong Kong (02388) opened 3% higher at HKD 24.35. WuXi AppTec rose 12% and plans to repurchase company shares not exceeding HKD 100 million.

Overnight in the U.S.:

The Dow rose 0.59%, the S&P 500 index closed flat, and the Nasdaq index fell 0.23%.

【Image Source: Mitrade; Hang Seng Index Trends】

### Related Stocks

- [LI.US - Li Auto](https://longbridge.com/en/quote/LI.US.md)
- [02015.HK - LI AUTO-W](https://longbridge.com/en/quote/02015.HK.md)
- [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md)
- [83690.HK - MEITUAN-WR](https://longbridge.com/en/quote/83690.HK.md)
- [IN00356.US - Systems Software](https://longbridge.com/en/quote/IN00356.US.md)
- [03690.HK - MEITUAN](https://longbridge.com/en/quote/03690.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
