09:21
The Hang Seng Index opened significantly higher by 2.52%, and the Hang Seng TECH Index rose by 3.9%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/cfb10df9-a93d-42ee-9984-065276a62032.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/cfb10df9-a93d-42ee-9984-065276a62032.png"/>
In the market, technology stocks rebounded across the board, with NetEase opening up 6%, Baidu, Trip.com, and JD.com rising over 5%, and Alibaba increasing nearly 5%; insurance stocks showed strong gains, with China Life surging 6%, and net profit for the first three quarters expected to increase by 50% to 70% year-on-year; precious metals generally retreated, with China Silver Group falling 6%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/34200ae6-ee76-4105-aa6e-7bcc50d428a7.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/34200ae6-ee76-4105-aa6e-7bcc50d428a7.png"/>
09:16
The central parity rate of the RMB against the USD is reported at 7.0973, down 24 points; the previous trading day's central parity rate was 7.0949, and the official closing price of the previous trading day was 7.1265, while the night session closed at 7.1277.
09:01
Commodity futures opened, with coking coal's main contract rising over 3%, coke up over 2%, and soda ash up over 1%. Shanghai silver fell over 3%, eggs dropped over 2%, and caustic soda and Shanghai gold fell over 1%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f294da40-4817-4ef8-a7ab-353a55d2e519.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f294da40-4817-4ef8-a7ab-353a55d2e519.png"/>

NetEase Q4 & Fiscal Year 2024 Financial Results

00HSI

STECH

- The Hang Seng Index opened significantly higher at 2.52%, with the Hang Seng Tech Index rising by 3.9%.  
- Tech stocks rebounded, with NetEase up 6%, and Baidu, Ctrip, and JD.com each gaining over 5%, while China Life Insurance surged 6% due to a projected 50% to 70% increase in net profit for Q3.  
- The Chinese yuan's midpoint against the US dollar was set at 7.0973, down 24 points, while commodity futures saw mixed results with coking coal and coke rising, but silver and eggs declining.  

The Hang Seng Index opened up 2.52%, and the Hang Seng TECH Index rose 3.9%