--- title: "The Hang Seng Index opened 136 points higher, with major technology stocks rising slightly" description: "The Hong Kong Hang Seng Index opened 136 points higher this morning, reporting at 25,634 points, with technology stocks rising slightly. The positive performance of US stocks overnight has driven the " type: "news" locale: "en" url: "https://longbridge.com/en/news/270235320.md" published_at: "2025-12-19T01:23:14.000Z" --- # The Hang Seng Index opened 136 points higher, with major technology stocks rising slightly > The Hong Kong Hang Seng Index opened 136 points higher this morning, reporting at 25,634 points, with technology stocks rising slightly. The positive performance of US stocks overnight has driven the rise in Hong Kong stocks The Bank of England lowered interest rates by 25 basis points as scheduled on the evening of the 18th, to 3.75%; the European Central Bank kept its three key interest rates unchanged, also in line with expectations. The Bank of Japan is set to announce its interest rate decision today (19th), with an expected increase of 25 basis points to 0.75%. The U.S. Consumer Price Index (CPI) for November rose 2.7% year-on-year, lower than expected; the core CPI, excluding food and energy prices, saw a year-on-year increase of 2.6%, also below expectations, marking the lowest since early 2021. The cooling inflation in the U.S. has heightened market expectations for the Federal Reserve to cut rates next year, with CME Group's interest rate futures reflecting nearly a 60% chance of a rate cut in March next year, higher than the previous trading day. The three major U.S. stock indices performed well last night, with the Dow Jones and S&P 500 ending a four-day losing streak, rising 0.14% and 0.79%, respectively, while tech stocks drove the Nasdaq up nearly 1.4%. Hong Kong stocks opened positively this morning, with the Hang Seng Index opening up 136 points or 0.5%, at 25,634 points; the National Index opened up 51 points or 0.6%, at 8,893 points; the Hang Seng Tech Index opened up 43 points or 0.8%, at 5,461 points. TikTok and Oracle (ORCL.US) have formed a joint venture in the U.S., with ByteDance retaining its e-commerce and advertising businesses in the U.S. Tech stocks opened slightly higher, with Alibaba-W (09988.HK) opening up 0.6% at HKD 145. JD.com-SW (09618.HK) opened up 0.7%. Tencent (00700.HK) and Meituan-W (03690.HK) each opened up 0.8%, NetEase-S (09999.HK) opened up 1.4%, while Baidu-SW (09888.HK) and Kuaishou-W (01024.HK) opened up 0.3% and 1.3%, respectively. Bilibili-W (09626.HK) opened up 1.2%. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened up 1.2% and about 1%, respectively. In the automotive sector, BYD (01211.HK) and Li Auto-W (02015.HK) opened up 0.4% and 0.2%, respectively, while Xiaomi-W (01810.HK) and XPeng-W (09868.HK) opened up 0.6% and 2.5%. In the financial sector, HSBC (00005.HK) opened up 0.1%, while Hong Kong Exchanges and Clearing (00388.HK) and AIA (01299.HK) opened up 0.7% and 0.9%, respectively. Nike (NKE.US) reported better-than-expected quarterly results, and sales in the North American market offset declines in Greater China. Shenzhou (02313.HK) opened down 0.2% at HKD 62.85, while Li Ning (02331.HK) opened up 0.3% and Anta (02020.HK) opened up 0.5%. Alibaba Health (00241.HK), Techtronic Industries (00669.HK), and Nongfu Spring (09633.HK) each opened up 2.2% to 2.6%. Zijin Mining (02899.HK) opened down 1% ### Related Stocks - [TCEHY.US - Tencent](https://longbridge.com/en/quote/TCEHY.US.md) - [TCTZF.US - Tencent Holdings Limited](https://longbridge.com/en/quote/TCTZF.US.md) - [00700.HK - TENCENT](https://longbridge.com/en/quote/00700.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 市场监管总局约谈阿里巴巴、抖音、百度、腾讯、京东、美团、淘宝闪购等平台企业 | 市场监管总局于 2 月 13 日约谈了阿里巴巴、抖音、百度、腾讯、京东、美团和淘宝闪购等平台企业,要求它们遵守相关法律法规,落实主体责任,规范促销行为,并杜绝 “内卷式” 竞争,以维护公平竞争市场环境,促进平台经济的创新与健康发展。 | [Link](https://longbridge.com/en/news/275975190.md) | | 腾讯被错杀了? | 伯恩斯坦认为,腾讯股价下跌,主要受 AI 模型开发进度落后和游戏行业 AI 颠覆担忧的双重打击。目前腾讯以 14-15 倍 2027 年预期市盈率交易,接近 2022-2023 年行业面临游戏审批停滞和疫情封控时的低谷水平。尽管腾讯在聊天机 | [Link](https://longbridge.com/en/news/275903716.md) | | 华尔街怎么看 1 月 CPI?通胀担忧暂歇,今年三次降息几率升至五成 | 因为企业经常年初涨价,CPI 往往 1 月走高,但今年 1 月核心 CPI 增速创将近五年新低。虽然住房价格持续上涨,服装、电脑等消费品显示关税影响迹象,但汽油、牛肉和鸡蛋等政治敏感类别价格下跌,去通胀压力预计未来几个月占主导。高盛认为,美 | [Link](https://longbridge.com/en/news/275938120.md) | | 黄金一度跌超 4%、白银暴跌 11%,美股大跌引爆算法交易贵金属卖盘? | 周四,现货黄金一度下跌 4.1%,白银暴跌 11%。在外界再次担忧巨额 AI 投资能否真正大规模落地之际,美国科技股大跌。分析称,金属价格在疑似算法交易抛售下突然下跌,一些投资者不得不退出包括金银在内的大宗商品仓位,以获取流动性。 | [Link](https://longbridge.com/en/news/275815052.md) | | 科技股抛售导致股市下跌:以下是应对的交易策略 | 投资委员会讨论您应如何应对科技股抛售并保护您的投资组合 | [Link](https://longbridge.com/en/news/275793418.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.