"Hong Kong Stocks" Hang Seng Index opened high, up 97 points, Anta rises, Zijin up 4%

U.S. stocks are watching the quarterly results of large technology companies, with the Dow Jones rebounding 313 points or 0.6% on the night of the 26th, and the Nasdaq rising 0.4%. The Hong Kong stock market opened higher in the morning. The Hang Seng Index opened up 97 points or 0.4%, reporting 26,863 points; the National Index opened up 25 points or 0.3%, reporting 9,173 points; the Hang Seng Tech Index opened up 8 points or 0.1%, reporting 5,734 points.

Alibaba (09988.HK) launched a new reasoning model Qwen3-Max-Thinking, with performance comparable to GPT-5.2 and Gemini 3 Pro, and the stock opened up 1% at HKD 166.8. Sunny Optical (02382.HK) submitted a listing application for the spin-off of its automotive-related optical business, with the stock opening up 0.2% at HKD 62.1.

In other major tech stocks, Tencent (00700.HK) opened up 0.1% at HKD 600. Meituan (03690.HK) opened flat at HKD 97.1, JD.com (09618.HK) opened down 0.2%, Baidu (09888.HK) and NetEase (09999.HK) opened down 1.7% and 0.8%, respectively, while Kuaishou (01024.HK) and Bilibili (09626.HK) opened up 0.5% and 1.5%. In the chip sector, SMIC (00981.HK) opened down 0.1%, while Hua Hong (01347.HK) opened up 0.3%. In the automotive sector, BYD (01211.HK) and Nio (09866.HK) opened up 1%, and Xiaomi (01810.HK) opened up 0.1%.

In the financial sector, HSBC (00005.HK) opened up 0.8% at HKD 132, Hong Kong Exchanges and Clearing (00388.HK) opened flat at HKD 423, and AIA (01299.HK) opened up 2% at HKD 84.75.

Anta (02020.HK) spent over 1.5 billion euros to acquire a 29% stake in Puma, becoming the largest shareholder, with the stock opening up 1.5% at HKD 77.5. Hansoh Pharmaceutical (03692.HK) issued HKD 4.68 billion in zero-coupon convertible bonds, with the stock opening down 1% at HKD 39.82. Zijin Gold International (02259.HK) spent 28 billion RMB to fully acquire United Gold, with the stock opening up 3% at HKD 215. Zijin (02899.HK) opened up 4.3%.

Kangnai Optical (02276.HK) raised nearly HKD 1.4 billion through a placement at a discount of over 11%, with the stock opening up 1.2% at HKD 59.2. Ark Health (06086.HK) conducted a placement at a discount of nearly 12%, with the stock opening down 10.6% at HKD 3.37. Bohan Biotech (06955.HK) major shareholder plans to further transfer 11.98 million shares, with 12 million shares traded at a price of HKD 8.86 each, involving HKD 106 million. The stock opened up 2.3% at HKD 8.86