--- title: "The Hang Seng Index opened 171 points higher, WuXi Biologics fell 3%, CKH HOLDINGS rose 2%, and ATM increased by 0.8% to 2% | Hong Kong stock market opens" type: "News" locale: "en" url: "https://longbridge.com/en/news/272769090.md" description: "The Hang Seng Index opened 171 points higher this morning, reporting at 27,094 points. WuXi Biologics fell 3.39% to HKD 38.66 due to major shareholders reducing their holdings. CKH Holdings opened 2.18% higher, reporting at HKD 60.75, as it seeks to list Watsons in Hong Kong and London. U.S. tech stocks rebounded, with TSMC ADR hitting a new high, closing up 4.4%. The number of initial jobless claims in the U.S. decreased, with economic data performing better than expected" datetime: "2026-01-16T01:35:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272769090.md) - [en](https://longbridge.com/en/news/272769090.md) - [zh-HK](https://longbridge.com/zh-HK/news/272769090.md) generator: "portal-rs" --- # The Hang Seng Index opened 171 points higher, WuXi Biologics fell 3%, CKH HOLDINGS rose 2%, and ATM increased by 0.8% to 2% | Hong Kong stock market opens TSMC's strong performance, coupled with this year's revenue guidance reflecting the ongoing AI boom, stimulated a rebound in U.S. tech stocks. The three major indices stabilized on Thursday after a decline, with the Dow Jones closing up 292 points or 0.6%, at 49,442 points; the S&P 500 up 17 points or 0.26%, at 6,944 points; and the Nasdaq up 58 points or 0.25%, at 23,530 points. The Golden Dragon Index, which reflects the performance of Chinese concept stocks, retreated 0.6%, closing at 7,809 points. TSMC's ADR stock price hit a new high, closing up 4.4% at $341.64. NVIDIA rose 2.13%, AMD increased by 2%, and Micron Technology, Amazon, and Meta all rose nearly 1%, while Alphabet, Microsoft, and Apple fell by 0.9%, 0.6%, and 0.6%, respectively. Bank stocks performed well, with BlackRock and Morgan Stanley rising over 5%, and Goldman Sachs and Citigroup rising over 4%. In terms of economic data, the U.S. Department of Labor reported that the number of initial jobless claims for the week ending January 10 decreased by 9,000 to 198,000, lower than the expected 215,000; the number of continuing claims for the week ending January 3 fell by 19,000 to 1.884 million, also lower than the expected 1.897 million. ## WuXi Biologics Faces Major Shareholder Reduction In the Hong Kong stock market, the Hang Seng Index opened 171 points higher this morning, at 27,094 points. Tencent (700) rose 0.8%; Alibaba (9988) rose 2%; Meituan (3690) rose 1%; Xiaomi (1810) rose 0.37%; JD.com (9618) fell 0.52%. WuXi Biologics (2269) opened down 3.39% at HKD 38.66, as the company’s major shareholder plans to place 150 million shares at HKD 38.52 each, a discount of 3.75% compared to Thursday's closing price of HKD 40.02. YouRan Dairy (9858) raised a total of HKD 2.346 billion through a placement of old and new shares to its controlling shareholder Yili. The placement price is HKD 3.92, an 8.84% discount to Thursday's closing price of HKD 4.3. YouRan Dairy's stock price fell 5.11%. CKH Holdings (001) opened 2.18% higher at HKD 60.75, reportedly seeking to list Watsons in Hong Kong and London as early as next quarter. Luoyang Molybdenum (3993) issued a profit warning, expecting an increase of 47.8% to 53.71% last year, opening up 0.98%. Regarding the northbound capital flow, on Thursday, southbound funds net sold HK stocks worth HKD 1.515 billion. Alibaba (9988), Tencent (700), and SMIC (981) saw net purchases of HKD 1.976 billion, HKD 643 million, and HKD 181 million, respectively; while China Mobile (941), Xiaomi (1810), and CNOOC (883) faced net sales of HKD 791 million, HKD 491 million, and HKD 366 million, respectively ### Related Stocks - [WXXWY.US](https://longbridge.com/en/quote/WXXWY.US.md) - [02269.HK](https://longbridge.com/en/quote/02269.HK.md) - [CKHUY.US](https://longbridge.com/en/quote/CKHUY.US.md) - [00001.HK](https://longbridge.com/en/quote/00001.HK.md) ## Related News & Research - [WuXi Biologics files HKEX next-day disclosure return, issues 1,804,090 new shares](https://longbridge.com/en/news/298215084.md) - [Transcenta licenses HiCB bioprocessing technology to WuXi Biologics for RMB 10 million upfront](https://longbridge.com/en/news/298454168.md) - [UK's VodafoneThree launches TV and guaranteed-speed mobile offer](https://longbridge.com/en/news/297905724.md) - [WuXi Biologics files HKEX next-day disclosure return reporting 1,527,500 new shares issued via option exercises](https://longbridge.com/en/news/297796351.md) - [Wuxi Biologics ADR Non-GAAP EPS of RMB0.81, revenue of RMB11.78B](https://longbridge.com/en/news/296950743.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**