--- title: "The Hang Seng Index opened up 155 points, KUAISHOU-W rose nearly 2%, and XD INC plans to repurchase, up 4% | Hong Kong stock market opens" description: "The Hang Seng Index opened 155 points higher this morning, reporting at 26,502 points. All three major U.S. stock indices rose, driven by economic data that stimulated expectations for interest rate c" type: "news" locale: "en" url: "https://longbridge.com/en/news/271585711.md" published_at: "2026-01-06T01:35:41.000Z" --- # The Hang Seng Index opened up 155 points, KUAISHOU-W rose nearly 2%, and XD INC plans to repurchase, up 4% | Hong Kong stock market opens > The Hang Seng Index opened 155 points higher this morning, reporting at 26,502 points. All three major U.S. stock indices rose, driven by economic data that stimulated expectations for interest rate cuts. Gold, silver, and oil prices all rebounded. KUAISHOU-W rose 1.7%, and XD INC plans to repurchase up to HKD 400 million in shares, with its stock price increasing by 4%. Both Air China and Cathay Pacific saw their stock prices decline, as Air China placed shares of Cathay Pacific at a discount of 6.6%. Sunny Optical is considering spinning off its automotive optical business, with its stock price rising by 1.6% The ISM Manufacturing Index in the United States fell from 48.2 to 47.9 last month, remaining below the 50 level for ten consecutive months and marking the largest decline since 2024. However, poor economic data has stimulated expectations for interest rate cuts, leading all three major U.S. stock indices to rise on Monday. The Dow Jones Industrial Average rose by 594 points or 1.23%, closing at 48,977 points; the S&P 500 rose by 43 points or 0.64%, closing at 6,902 points; and the Nasdaq rose by 160 points or 0.69%, closing at 23,395 points. As for the Golden Dragon Index, which reflects the performance of Chinese concept stocks, it rose by 0.49% to 7,898 points on Monday. ## Gold and Silver Prices Rise, Oil Prices Rebound Amid rising geopolitical tensions, gold prices rose over 2.6% on Monday, reaching $4,449; silver prices also increased by over 5%, reaching $76.6. Oil prices saw a rebound, with New York crude oil rising about 1.7% to $58.32; Brent crude oil also rose 1.7% to $61.76. In terms of Hong Kong stocks, the Hang Seng Index opened 155 points higher this morning, at 26,502 points. Tech stocks showed mixed developments, with Alibaba (9988) down 1.2%; Tencent (700) up 0.4%; Meituan (3690) up 0.8%; JD.com (9618) up 1.1%; and Xiaomi (1810) down 0.3%. As for KUAISHOU-W (1024), which surged yesterday, it rose another 1.7% this morning. ## Air China and Cathay Pacific Both Open Lower In individual stock news, Air China (753) announced that its wholly-owned subsidiary Easerich will place approximately 108 million shares of Cathay Pacific (293), accounting for about 1.6% of Cathay Pacific's issued shares, at a placement price of HKD 12.22 per share, a discount of 6.6% compared to Cathay Pacific's closing price of HKD 13.09 the previous day, involving about HKD 1.32 billion. The stock opened at HKD 7.09, down 0.84%; Cathay Pacific also fell 0.53% to HKD 13.02. Related article: Air China plans to reduce its stake in Cathay Pacific at a nearly 7% discount, involving over HKD 1.3 billion. ## Sunny Optical Plans to Spin Off Automotive Optical Business Additionally, Sunny Optical (2382) announced that it is considering spinning off its automotive-related optical business and independently listing it on the main board of the Hong Kong Stock Exchange. The stock opened at HKD 68.8, up 1.6%. ## XD INC Plans to Repurchase Up to HKD 400 Million of Company Shares As for XD INC (2400), it plans to repurchase up to HKD 400 million of its company shares, with the repurchase period extending until June 4 of this year. The stock opened at HKD 68.85, up 4%. Regarding the northbound capital flow, there was a net purchase of HKD 18.723 billion in Hong Kong stocks yesterday, with the Tracker Fund of Hong Kong (2800), KUAISHOU-W (1024), and Xiaomi (1810) receiving net purchases of HKD 6.826 billion, HKD 1.556 billion, and HKD 1.019 billion, respectively; meanwhile, Tencent (700) and China Mobile (941) saw net sales of HKD 919 million and HKD 406 million, respectively ### Related Stocks - [02400.HK - XD INC](https://longbridge.com/en/quote/02400.HK.md) - [01024.HK - KUAISHOU-W](https://longbridge.com/en/quote/01024.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Kuaishou Technology Files Next Day Disclosure Return to HKEX for 24,371 New Shares Issued at Up to HKD 62.3 Each | Kuaishou Technology has filed a Next Day Disclosure Return with the Hong Kong Stock Exchange, announcing the issuance of | [Link](https://longbridge.com/en/news/274296436.md) | | Kuaishou Technology Files HKEX Disclosure on 124,000 New Shares Issued at HKD 81.4 Each | Kuaishou Technology has filed a Next Day Disclosure Return with the Hong Kong Stock Exchange regarding the issuance of 1 | [Link](https://longbridge.com/en/news/273658626.md) | | 08:34 ETNana Noodle House Celebrates Lunar New Year with Free Tangyuan and Traditional Paper-Cut Art | Nana Noodle House in Kearny, NJ, is celebrating the 2026 Lunar New Year, the Year of the Horse, by offering complimentar | [Link](https://longbridge.com/en/news/276895597.md) | | REVIEW-Olympics-Bobsleigh-Germany claim all the team golds again but just miss Monobob | Germany's bobsledders achieved a remarkable feat by sweeping all three team golds for the third consecutive Olympics, na | [Link](https://longbridge.com/en/news/276536453.md) | | KKCG Maritime Wins Austrian Antitrust Clearance for Partial Tender Offer for Ferretti | KKCG Maritime has received Austrian antitrust clearance for its voluntary conditional partial public tender offer to acq | [Link](https://longbridge.com/en/news/276860135.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.