---
title: "\"Hong Kong Stocks\" Hang Seng Index opened down 289 points, gold and silver, resource stocks, and Chinese telecom stocks under pressure"
description: "The Hong Kong stock market opened lower, with the Hang Seng Index down 289 points or 1.1%, at 27,097 points; the National Index down 125 points or 1.3%, at 9,191 points. Gold, silver, resource stocks,"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274446617.md"
published_at: "2026-02-02T01:37:18.000Z"
---

# "Hong Kong Stocks" Hang Seng Index opened down 289 points, gold and silver, resource stocks, and Chinese telecom stocks under pressure

> The Hong Kong stock market opened lower, with the Hang Seng Index down 289 points or 1.1%, at 27,097 points; the National Index down 125 points or 1.3%, at 9,191 points. Gold, silver, resource stocks, and Chinese telecommunications stocks were under pressure, with China Gold International down 12.3%, Zijin Mining and SD GOLD down 10% and 10.8%, respectively. China Mobile and China Unicom opened lower by 6.3% and 7%. Car manufacturer Geely's sales increased by 1%, with its stock price opening up 1.1%; BYD's sales dropped by 30%, with its stock price opening down 1.3%. Macau's January gaming revenue increased by 24%

The Hong Kong stock market opened lower in the morning. The Hang Seng Index opened down 289 points or 1.1%, at 27,097 points; the National Index opened down 125 points or 1.3%, at 9,191 points; the Hang Seng Tech Index opened down 73 points or 1.3%, at 5,644 points.

Gold prices and banks fell last Friday (30th), with China Gold International (02099.HK) opening down 12.3%, Zijin (02899.HK) and SD GOLD (01787.HK) opening down 10% and 10.8%, respectively, and Zhaojin (01818.HK) opening down 9.4%. China Silver (00815.HK) opened down 4.3%. Resource stocks also declined, with Jiangxi Copper (00358.HK), Chalco (02600.HK), Luoyang Molybdenum (03993.HK), and Wanguo Resources (01208.HK) opening down 5.9% to 7.2%, and Hongqiao (01378.HK) opening down 5.1%. Oil stocks PetroChina (00857.HK) and CNOOC (00883.HK) opened down 2.4% and 3%, respectively.

China Mobile (00941.HK), China Unicom (00762.HK), and China Telecom (00728.HK) adjusted the value-added tax on telecommunications services from 6% to 9%, with China Telecom and China Unicom (00762.HK) opening down 6.3% and 7%, respectively, and China Mobile opening down 2.3%.

Several car companies announced monthly sales data, with Geely (00175.HK) reporting a 1% increase in total sales for January, and its stock opening up 1.1%. BYD (01211.HK) reported a 30% year-on-year decline in January sales of new energy vehicles, while Li Auto (02015.HK) saw a 38% month-on-month decrease in January deliveries. Leapmotor (09863.HK) reported a 27% year-on-year increase in first-month deliveries, with stocks opening down 1.3% to 1.5%. Xiaomi (01810.HK) delivered 39,000 vehicles in the first month, with its stock opening down 0.8%. Seres (09927.HK) reported a 1.04 times increase in January sales of new energy vehicles, with its stock opening up 0.2%. Chang'an Automobile (02333.HK) is expected to earn 21.7% less last year, with total revenue increasing by 10.2% year-on-year, and its stock opening down 1.1%. Nio (09866.HK) and XPeng (09868.HK) opened down 1.9% and 5.1%, respectively.

Macau's January gaming revenue increased by 24% year-on-year, exceeding expectations, with gaming stocks Galaxy Entertainment (00027.HK) and Sands China (01928.HK) opening down 0.9% and 0.2%, respectively. New World (00017.HK) stated that there is no intention to make a comprehensive offer for potential investments, with its stock opening down 2.6%. Xtep (01368.HK) plans to issue HKD 500 million in convertible bonds for refinancing while simultaneously redeeming bonds maturing this year, with its stock opening flat at HKD 5.14.

In the technology sector, Tencent (00700.HK) and Kuaishou (01024.HK) opened down 1.3% and 1.1%, respectively, while Alibaba (09988.HK) and NetEase (09999.HK) opened down 2.7% and 2.4%, respectively. Meituan (03690.HK) and JD.com (09618.HK) opened down 0.7% and 0.4%, respectively Baidu (09888.HK) opened down 1.8%, while chip stocks SMIC (00981.HK) and Hua Hong (01347.HK) opened down 0.5% and 2.1%, respectively. In the financial sector, HSBC (00005.HK) and Hong Kong Exchanges and Clearing (00388.HK) opened down 0.6% and 0.5%, while AIA (01299.HK) opened up 0.8%

### Related Stocks

- [600050.CN - China Unicom](https://longbridge.com/en/quote/600050.CN.md)
- [00941.HK - CHINA MOBILE](https://longbridge.com/en/quote/00941.HK.md)
- [01787.HK - SD GOLD](https://longbridge.com/en/quote/01787.HK.md)
- [601899.CN - Zijin Mining](https://longbridge.com/en/quote/601899.CN.md)
- [600941.CN - China Mobile](https://longbridge.com/en/quote/600941.CN.md)
- [02899.HK - ZIJIN MINING](https://longbridge.com/en/quote/02899.HK.md)
- [02099.HK - CHINAGOLDINTL](https://longbridge.com/en/quote/02099.HK.md)
- [00762.HK - CHINA UNICOM](https://longbridge.com/en/quote/00762.HK.md)
- [600547.CN - SD-GOLD](https://longbridge.com/en/quote/600547.CN.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 股票分析師協會料港股短期較波動 恒指有望見 32000 點 | 香港股票分析師協會主席鄧聲興表示，短期內港股可能較波動，但對市場保持樂觀，預計恆指有望達到 31000 至 32000 點。成交量至關重要，需維持在 2500 億至 3000 億水平。投資者需警惕 AI 板塊的估值風險，資源板塊，特別是貴金 | [Link](https://longbridge.com/en/news/276410701.md) |
| 讀懂金銀銅：培風客陳大鵬帶你理解全球秩序重構下的資源品定價新機遇 | 3 月 15 日，原紫金礦業投資經理陳大鵬帶你拆解全球金屬定價新範式 | [Link](https://longbridge.com/en/news/276523437.md) |
| 低門檻高息股尋寶 最高逾 12 厘 4000 元入場涵蓋各行業 最平藍籌股一手僅 800 元 | 每年農曆新年後，年輕人學習理財的機會增多，股市中有不少低門檻高息股可供選擇。近期盤點顯示，24 隻一手入場費低於 4000 元的股份，最高股息率可達 12 釐，涵蓋電訊、消費、能源等多個行業。儘管部分金融股派息吸引力不足，但仍有千億市值的高 | [Link](https://longbridge.com/en/news/276665619.md) |
| 馬年利是股｜AI 概念大爆發 專家心水逐隻數 潛在回報可達 40% MINIMAX 有望成「金牛股」 | 在港股馬年首個交易日，市場對走勢樂觀，預計恆指有機會見 30000 點。專家分析認為，馬年整體回報可達 13%，並指出寧德時代和建滔積層板為潛在利是股。市場環境較蛇年正面，資金流向中港股市的可能性增加，恆指有望回升至 31000 點。 | [Link](https://longbridge.com/en/news/276389056.md) |
| 盤點中日韓台外遊上網計劃 電訊商主打數據共享 eSIM 遊日 8 日低至 36 元 | 農曆新年假期臨近，香港電訊商推出多種外遊數據優惠，滿足市民出行需求。3 香港推出中港澳 5G 數據共享月費計劃，月費 143 元起；數碼通提供漫遊數據與家庭服務捆綁，贈送環球旅遊保險；csl 及中國移動香港則推出短途數據通行證，提供無限數據 | [Link](https://longbridge.com/en/news/275950223.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.