---
title: "\"Hong Kong Stocks\" The Hang Seng Index opened high, up 92 points, with car stocks generally rising, while gold stocks and gold jewelry stocks softened"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263927306.md"
description: "The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 92 points to 25,999 points, and the National Index and Hang Seng TECH Index also showing increases. Automotive stocks generally opened higher, with Nio and XPeng rising 3.5% and 3.3%, respectively. Financial stocks performed well, with AIA up 2.7%. However, gold jewelry stocks opened lower due to the new gold tax policy, with Lao Pu Gold falling 4.7%"
datetime: "2025-11-03T01:36:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263927306.md)
  - [en](https://longbridge.com/en/news/263927306.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263927306.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/263927306.md) | [繁體中文](https://longbridge.com/zh-HK/news/263927306.md)


# "Hong Kong Stocks" The Hang Seng Index opened high, up 92 points, with car stocks generally rising, while gold stocks and gold jewelry stocks softened

The US and China announced more details on trade agreements, including a pause on rare earth export controls, leading to a higher opening for Hong Kong stocks. The Hang Seng Index opened up 92 points or 0.4% at 25,999 points; the National Index opened up 30 points or 0.3% at 9,198 points; the Hang Seng TECH Index opened up 28 points or 0.5% at 5,936 points.

In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened down 1.1% and 0.9%, respectively, while chip equipment stock ASMPT (00522.HK) opened down 1.3%.

In other tech stocks, Alibaba (09988.HK) and Kuaishou (01024.HK) opened down 0.1% and 0.5%, respectively, Tencent (00700.HK) opened up 0.2%, JD.com (09618.HK) and Meituan (03690.HK) opened up 0.6% and 0.9%, respectively, and Bilibili (09626.HK) opened up 2.3%. Baidu (09888.HK) and NetEase (09999.HK) opened flat at 117.6 HKD and 217 HKD, respectively.

After car manufacturers announced monthly sales data, most opened higher, with Nio (09866.HK) and XPeng (09868.HK) opening up 3.5% and 3.3%, respectively, Xiaomi (01810.HK) and Leapmotor (09863.HK) opened up 1.4% and 2%, respectively, Geely (00175.HK) and Li Auto (02015.HK) opened up 0.5% and 0.4%, respectively, while BYD (01211.HK) opened flat at 100.6 HKD.

In the financial sector, HSBC (00005.HK) opened flat at 108.1 HKD, Hong Kong Exchanges and Clearing (00388.HK) opened up 0.2% at 424.6 HKD, AIA (01299.HK) opened up 2.7% at 77.45 HKD, and FWD Group (01828.HK) reported a 37% increase in new business sales at constant exchange rates for the first three quarters, with its stock opening up 0.8%.

With the implementation of a new gold tax policy in mainland China, gold retail stocks such as Lao Pu Gold (06181.HK) opened down 4.7%, and Chow Tai Fook (01929.HK) opened down 1.6%. Gold mining stock Zijin (02899.HK) opened down 2.3%.

Jiangsu Hengrui Medicine (02617.HK) granted Neurocrine (NBIX.US) exclusive development and commercialization rights for NLRP3 inhibitors, with its stock opening up 6.6%. Extraordinary Leading (00933.HK) invested 500 million to increase its stake in Li Ning (02331.HK) to 13.5%, with Li Ning opening up 0.5%

### Related Stocks

- [XPeng Inc. (XPEV.US)](https://longbridge.com/en/quote/XPEV.US.md)
- [XPENG-W (09868.HK)](https://longbridge.com/en/quote/09868.HK.md)
- [AIA Group Limited (AAGIY.US)](https://longbridge.com/en/quote/AAGIY.US.md)
- [AIA (01299.HK)](https://longbridge.com/en/quote/01299.HK.md)
- [NIO Inc (NIO.US)](https://longbridge.com/en/quote/NIO.US.md)
- [NIO Inc (NIO.SG)](https://longbridge.com/en/quote/NIO.SG.md)
- [NIO-SW (09866.HK)](https://longbridge.com/en/quote/09866.HK.md)
- [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md)

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