"Hong Kong Stocks" The Hang Seng Index opened high at 152 points, Tencent continued to rise, Nio bounced 15%

AASTOCKS
2026.03.11 01:34

The market is focused on the war between the United States and Israel against Iran, with the Dow Jones Industrial Average falling 34 points or 0.1% overnight (10th). The Hong Kong stock market opened higher in the morning, driven by Tencent. The Hang Seng Index opened up 152 points or 0.6%, reporting 26,112 points; the National Index opened up 55 points or 0.6%, reporting 8,765 points; the Hang Seng Tech Index opened up 44 points or 0.9%, reporting 5,104 points.

In the OpenClaw concept, Tencent (00700.HK) opened up 4.4% at HKD 578. Domestic media reported that Baidu (09888.HK) will launch a lobster market today, with Baidu opening up 1.8%. Zhizhu (02513.HK) and MiniMax (00100.HK) opened down 3.1% and 3.3%, respectively. Other tech stocks, Alibaba (09988.HK), Kuaishou (01024.HK), and Bilibili (09626.HK) opened up 1.3% to 1.5%, while Meituan (03690.HK) and JD.com (09618.HK) opened up 0.1% and 0.5%, respectively, and NetEase (09999.HK) opened down 1.4%.

In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened up 0.5% and 1%, respectively. In the wire sector, Changfei Optical Fiber (06869.HK) opened up 2.4%.

In the automotive sector, Nio (09866.HK) recorded quarterly profits for the first time, with its stock price opening up 15% at HKD 43.86. BYD (01211.HK) and Li Auto (02015.HK) opened up 0.3%, Xiaomi (01810.HK) opened flat at HKD 33.62, while Leapmotor (09863.HK) and XPeng (09868.HK) opened up 0.8% and 1.1%, respectively.

In the financial sector, HSBC (00005.HK) opened down 0.7% at HKD 135, while Hong Kong Exchanges and Clearing (00388.HK) and AIA (01299.HK) opened up 0.9% and 1.1%, respectively. Oil stocks saw a significant decline, with PetroChina (00857.HK) and CNOOC (00883.HK) opening down 0.4% and 0.6%, respectively