---
title: "Hong Kong Stock Market Midday Review: The Hang Seng Index opened high and rose, breaking through the 20,000 mark, with tech stocks collectively surging"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225499252.md"
description: "The Hang Seng Index opened higher in the morning, standing above the 50-day moving average, and then fluctuated upwards, breaking through the 20,000 mark. It briefly retreated but turned upward again before noon, stabilizing above the 20,000 level. The Hang Seng TECH Index outperformed the market, driven by a collective surge in tech stocks, rising over 3% during the session. As of the midday close, the Hang Seng Index rose 2.33%, closing at 20,041.09 points, while the TECH Index increased by 3.17%, closing at 4,621 points, with a total market turnover of HKD 97.232 billion. On the market, tech stocks collectively strengthened, leading the market, while the biotechnology sector performed strongly, and oil and gas stocks, as well as gold stocks, saw significant declines. In terms of individual stocks, JD.com surged 7.36%, Tencent Holdings rose 2.69%, WuXi AppTec increased by 7.32%, China National Offshore Oil Corporation fell by 2.24%, and China Gold International dropped by 2.9%"
datetime: "2025-01-20T04:03:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225499252.md)
  - [en](https://longbridge.com/en/news/225499252.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225499252.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225499252.md) | [繁體中文](https://longbridge.com/zh-HK/news/225499252.md)


# Hong Kong Stock Market Midday Review: The Hang Seng Index opened high and rose, breaking through the 20,000 mark, with tech stocks collectively surging

According to Jinshi Data on January 20, the Hang Seng Index opened higher in the morning, standing above the 50-day moving average, and then fluctuated upward, breaking through the 20,000 mark. It briefly retreated but turned upward again before noon, stabilizing above the 20,000 level. The Hang Seng TECH Index outperformed the market, driven by a collective surge in technology stocks, rising over 3% during the session. As of the midday close, the Hang Seng Index rose 2.33%, closing at 20,041.09 points, while the TECH Index rose 3.17%, closing at 4,621 points, with a total market turnover of HKD 97.232 billion. On the market, technology stocks collectively strengthened, leading the market, while the biopharmaceutical sector performed strongly, and oil and gas stocks, as well as gold stocks, saw significant declines. In terms of individual stocks, JD.com (09618.HK) surged 7.36%, Tencent Holdings (00700.HK) rose 2.69%, WuXi AppTec (02359.HK) increased by 7.32%, China National Offshore Oil Corporation (00883.HK) fell 2.24%, and China Gold International (02099.HK) dropped 2.9%

### Related Stocks

- [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md)
- [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md)
- [MEITUAN-W (03690.HK)](https://longbridge.com/en/quote/03690.HK.md)
- [CNOOC (00883.HK)](https://longbridge.com/en/quote/00883.HK.md)
- [Invesco China Technology ETF (CQQQ.US)](https://longbridge.com/en/quote/CQQQ.US.md)
- [JD-SW (09618.HK)](https://longbridge.com/en/quote/09618.HK.md)
- [Direxion Daily FTSE China Bear 3X ETF (YANG.US)](https://longbridge.com/en/quote/YANG.US.md)
- [TRACKER FUND (02800.HK)](https://longbridge.com/en/quote/02800.HK.md)
- [CSOP HS TECH (03033.HK)](https://longbridge.com/en/quote/03033.HK.md)
- [XI2CSOPHSTECH (07552.HK)](https://longbridge.com/en/quote/07552.HK.md)
- [SOFE (000852.CN)](https://longbridge.com/en/quote/000852.CN.md)
- [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md)
- [HSTECH ETF (03032.HK)](https://longbridge.com/en/quote/03032.HK.md)
- [Direxion Daily FTSE China Bull 3X ETF (YINN.US)](https://longbridge.com/en/quote/YINN.US.md)
- [Huatai-PB CSOP Hang Seng Technology ETF(QDII) (513130.CN)](https://longbridge.com/en/quote/513130.CN.md)
- [PETROCHINA (00857.HK)](https://longbridge.com/en/quote/00857.HK.md)
- [FL2 CSOP HSI (07200.HK)](https://longbridge.com/en/quote/07200.HK.md)
- [XL2CSOPHSTECH (07226.HK)](https://longbridge.com/en/quote/07226.HK.md)
- [WUXI APPTEC (02359.HK)](https://longbridge.com/en/quote/02359.HK.md)
- [HBP (002554.CN)](https://longbridge.com/en/quote/002554.CN.md)
- [CHINAGOLDINTL (02099.HK)](https://longbridge.com/en/quote/02099.HK.md)
- [Jereh Group (002353.CN)](https://longbridge.com/en/quote/002353.CN.md)
- [Yinhua CSI Innovative Drugs Industry ETF (159992.CN)](https://longbridge.com/en/quote/159992.CN.md)
- [FI CSOP HSI (07300.HK)](https://longbridge.com/en/quote/07300.HK.md)
- [TRACKER FUND-R (82800.HK)](https://longbridge.com/en/quote/82800.HK.md)
- [PING AN HKDIV (03070.HK)](https://longbridge.com/en/quote/03070.HK.md)

## Related News & Research

- [Guangdong-HKGBA Returns to Profitability in 2025](https://longbridge.com/en/news/281116626.md)
- [China PMI slows to 50.8 as cost pressures hit two-year high](https://longbridge.com/en/news/281287548.md)
- [China's factory activity expands but price pressures intensify, private PMI shows](https://longbridge.com/en/news/281282781.md)
- [China to tighten controls on price wars, boost support for overseas expansion](https://longbridge.com/en/news/280611209.md)
- [Citic Securities Keeps Their Buy Rating on Meituan (MPNGF)](https://longbridge.com/en/news/281276580.md)