--- title: "Hong Kong stocks close | The Science and Technology Index leads with a 3.15% increase, JD rises nearly 10%, and both Tencent and Alibaba rise over 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/278053731.md" description: "On March 6th, the Hong Kong stock market's risk appetite warmed up, with all three major indices strengthening, led by the Hang Seng Tech Index which rose by 3.15%. The retail and internet sectors showed strong momentum, with JD-SW leading the surge with a 9.95% increase, while Tencent Holdings had the highest trading volume and closed up by 3.39%. On the macro level, the rebound in PMI and the recovery in exports provided support for the fundamentals. Although the rebound momentum continues, the market is still focused on whether policies and liquidity can help break through previous highs" datetime: "2026-03-06T08:22:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278053731.md) - [en](https://longbridge.com/en/news/278053731.md) - [zh-HK](https://longbridge.com/zh-HK/news/278053731.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278053731.md) | [繁體中文](https://longbridge.com/zh-HK/news/278053731.md) # Hong Kong stocks close | The Science and Technology Index leads with a 3.15% increase, JD rises nearly 10%, and both Tencent and Alibaba rise over 3% **Market Overview** At the close today, all three major indices of the Hong Kong stock market strengthened, with the technology sector leading the gains and risk appetite warming up. ▪ The Hang Seng Index closed at 25,757.29 points, up 1.72%, failing to rewrite the recent high, continuing the overall rebound rhythm. ▪ The Hang Seng Tech Index closed at 4,947.5 points, up 3.15%, although it did not break through the recent high, the momentum is relatively strong. ▪ The China Enterprises Index closed at 8,628.13 points, up 2.09%, not reaching a new recent high, with significant weight support. The market structure is biased towards bullish but still lacks confirmation of a new high; subsequent attention will be on whether it can push towards the previous high and how policy and liquidity changes affect the continuation of risk appetite. **Sector Performance** ▪ The retail sector performed strongly, with JD-SW soaring 9.95%, Alibaba-W rising 3.48%, and MNSO also increasing by 2.84%, with the high activity of e-commerce leaders effectively driving the upward momentum throughout the day. ▪ The internet content and information sector showed mixed performance, with TENCENT rising 3.39%, KUAISHOU-W up 3.10%, while BILIBILI-W fell against the trend by 4.46%, indicating a clear selection of funds among different targets. ▪ The hardware, storage, and peripherals sector showed a trend of differentiation, with XIAOMI-W closing up 3.79%, LENOVO GROUP rising 2.06%, but LEGENDHOLDING fell by 2.25%, reflecting varying levels of fund attention among individual stocks within the sector. **Macroeconomic Background** ▪ The market has recently focused heavily on improvements in macro indicators, including a rebound in PMI, retail improvements, export recovery, and the fundamental support brought by moderate inflation, providing a logical basis for the rebound. ▪ In terms of capital flow, southbound funds have become more stable, and the improvement in the trade balance has boosted market confidence. Investors are closely monitoring the subsequent policy environment's guidance on the sustainability of risk appetite. **Popular Stocks** ▪ REMEGEN saw significant gains, closing up 10.92%, with a total trading volume of 823 million, ranking among the top gainers. ▪ MENGNIU DAIRY closed up 6.95%, with a trading volume of 882 million, as the consumer leader received active fund accumulation. ▪ AKESO closed up 5.20%, with a trading volume of 866 million; ▪ CH ENERGY ENG closed up 3.01%, with a trading volume of 835 million, as construction engineering stocks strengthened; ▪ CHINA RES LAND closed up 2.45%, with a trading volume of 802 million, as the real estate sector rose with the warming sentiment of the broader market. **Market Trading Volume TOP10** ▪ TENCENT (00700.HK) latest trading price 519.00 HKD, up 3.39%, trading volume 15.683 billion ▪ Alibaba-W (09988.HK) latest trading price 130.70 HKD, up 3.48%, trading volume 13.113 billion ▪ XIAOMI-W (01810.HK) latest trading price 33.42 HKD, up 3.79%, trading volume 9.802 billion ▪ Meituan-W (03690.HK) latest transaction price 76.85 HKD, increase 3.15%, transaction amount 6.249 billion ▪ BYD Company Limited (01211.HK) latest transaction price 94.70 HKD, increase 2.27%, transaction amount 5.529 billion ▪ HSBC Holdings (00005.HK) latest transaction price 135.20 HKD, increase 0.97%, transaction amount 5.477 billion ▪ JD-SW (09618.HK) latest transaction price 106.60 HKD, increase 9.95%, transaction amount 5.062 billion ▪ SMIC (00981.HK) latest transaction price 61.80 HKD, increase 0.49%, transaction amount 4.410 billion ▪ Yangtze Optical Fibre and Cable (06869.HK) latest transaction price 138.50 HKD, decrease 7.79%, transaction amount 3.868 billion ▪ CNOOC (00883.HK) latest transaction price 26.62 HKD, decrease 0.89%, transaction amount 3.580 billion ### Related Stocks - [JD-SW (09618.HK)](https://longbridge.com/en/quote/09618.HK.md) - [MNSO (09896.HK)](https://longbridge.com/en/quote/09896.HK.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md) - [KUAISHOU-W (01024.HK)](https://longbridge.com/en/quote/01024.HK.md) - [BILIBILI-W (09626.HK)](https://longbridge.com/en/quote/09626.HK.md) - [XIAOMI-W (01810.HK)](https://longbridge.com/en/quote/01810.HK.md) - [LENOVO GROUP (00992.HK)](https://longbridge.com/en/quote/00992.HK.md) - [LEGENDHOLDING (03396.HK)](https://longbridge.com/en/quote/03396.HK.md) - [REMEGEN (09995.HK)](https://longbridge.com/en/quote/09995.HK.md) - [MENGNIU DAIRY (02319.HK)](https://longbridge.com/en/quote/02319.HK.md) - [AKESO (09926.HK)](https://longbridge.com/en/quote/09926.HK.md) - [CH ENERGY ENG (03996.HK)](https://longbridge.com/en/quote/03996.HK.md) - [CHINA RES LAND (01109.HK)](https://longbridge.com/en/quote/01109.HK.md) - [Tencent Holdings Limited (TCEHY.US)](https://longbridge.com/en/quote/TCEHY.US.md) - [Tencent Holdings Limited (TCTZF.US)](https://longbridge.com/en/quote/TCTZF.US.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research - [Alibaba, Bytedance And Tencent Are Turning To Domestic Chipmakers To Ease The Pain From A Deepening Global Shortage Of Memory Chips - The Information](https://longbridge.com/en/news/277949529.md) - [Xiaomi 17 is a small(ish) phone with a big(ish) battery](https://longbridge.com/en/news/277311828.md) - [Phone makers of all sizes are feeling the RAM crunch](https://longbridge.com/en/news/277665709.md) - [China's Bilibili Q4 profit jumps as revenue increases, costs drop](https://longbridge.com/en/news/277916450.md) - [Alibaba forms task force to boost AI development after Qwen chief's exit](https://longbridge.com/en/news/277877051.md)