--- title: "\"Hong Kong Stocks\" Hang Seng Index rises 33 points in half a day, VGT's first listing is 50% higher than the listing price" type: "News" locale: "en" url: "https://longbridge.com/en/news/283438765.md" description: "The Hong Kong stock market rose slightly in the morning session, with the Hang Seng Index closing at 26,394 points, up 33 points or 0.1%. VGT debuted on its first day of listing with a stock price of HKD 315, 50.1% higher than the listing price. The total turnover of the market for the half day was HKD 108.789 billion. Technology stocks were generally weak, with Tencent and Alibaba falling by 1% and 1.2%, respectively. Battery stock CATL rose by 5.6%, while pharmaceutical stocks Kingsoft and Junshi Biosciences each rose by over 4%" datetime: "2026-04-21T04:29:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283438765.md) - [en](https://longbridge.com/en/news/283438765.md) - [zh-HK](https://longbridge.com/zh-HK/news/283438765.md) --- # "Hong Kong Stocks" Hang Seng Index rises 33 points in half a day, VGT's first listing is 50% higher than the listing price The market is watching as the ceasefire deadline between the U.S. and Iran approaches. The Dow Jones Industrial Average fell 4 points overnight, and the Nasdaq ended its thirteen-day winning streak. In the early market, Hong Kong stocks rose slightly, with the Hang Seng Index opening up 81 points, reaching a high of 26,486 points, up 125 points, before falling 19 points to 26,342 points. It closed at 26,394 points, up 33 points or 0.1%; the National Index closed at 8,906 points, up 7 points or 0.1%; the Hang Seng Tech Index closed at 5,028 points, down 37 points or 0.7%. The total turnover of the market for the half-day was HKD 108.789 billion. AI and high-performance PCB manufacturer and NVIDIA (NVDA.US) supplier Shenghong (02476.HK) debuted on its first day, closing at HKD 315, up 50.1% from the listing price of HKD 209.88. In the chip sector, SMIC (00981.HK) rose 0.1%, Hua Hong (01347.HK) fell 0.2%, Changguang Chicheng (03277.HK) continued to rise 21.9%, while Wall Street (06082.HK) and TianShu ZhiXin (09903.HK) fell 5.8% and 6.5%, respectively. AI stocks Zhipu (02513.HK) and MiniMax (00100.HK) fell 3.9% and 2.4%, while Manycore Tech (00068.HK) rose 9.4%, and Yunzhisheng (09678.HK) fell 6.2%. Other tech stocks were generally weak, with Tencent (00700.HK) and Alibaba (09988.HK) down 1% and 1.2%, respectively. Meituan (03690.HK), JD.com (09618.HK), Baidu (09888.HK), and NetEase (09999.HK) each fell by less than 1%, while Kuaishou (01024.HK) fell 1.9%. In the automotive sector, BYD (01211.HK) and Xiaomi (01810.HK) fell 1.1% and 0.4%, respectively, while Chery (09973.HK) rose 4%. Battery stock CATL (03750.HK) rose 5.6%, with a "Super Technology Day" event taking place today, where new products such as sodium batteries are expected to be announced. In the pharmaceutical sector, Kingsoft (01548.HK) and Juzhi Bio (02367.HK) each rose over 4%, while China National Pharmaceutical (01177.HK) fell 2.4%. Some consumer stocks were favored, with Mixue (02097.HK) rising 6.2%, while Pop Mart (09992.HK) and Mao Ge Ping (01318.HK) rose 2.2% and 3%, respectively. Coal stocks rose, with Shenhua (01088.HK) up 2.8%, Yanzhou Coal (01171.HK) and Zhongmei (01898.HK) up 4.6% and 4.3%, respectively. Power stocks Huaneng Power International (00902.HK) and Datang Power (00991.HK) rose 3% and 6%. Beijing Enterprises Water Group (00371.HK) rose 3.7% In other stocks, HSBC (00005.HK) and Hong Kong Exchanges and Clearing (00388.HK) rose by 0.5% and 0.9%, respectively, while AIA (01299.HK) fell by 0.2%. China Mobile (00941.HK) reported a 4.2% decline in first-quarter net profit to RMB 29.3 billion, and the stock rose by 1.7%. According to reports, SF Holding (06936.HK) is considering issuing convertible bonds to raise up to $1 billion, with the stock price falling by 0.6%. Vinda International (03393.HK) had a rights issue at a discount of over 6% to raise a net amount of HKD 1.474 billion, with the stock price dropping by 6.1% ### Related Stocks - [300476.CN](https://longbridge.com/en/quote/300476.CN.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [YINN.US](https://longbridge.com/en/quote/YINN.US.md) ## Related News & Research - [Fluence’s Tighter Credit Terms Amid Battery Oversupply Fears Might Change The Case For Investing In FLNC](https://longbridge.com/en/news/283342644.md) - [Phenom Reports on MK Plus Progress to Commercialization, the Solid-State Vanadium Battery Company | PHNMF Stock News](https://longbridge.com/en/news/283358855.md) - [Backup power is the LEAST interesting thing your home battery can do [update]](https://longbridge.com/en/news/283226354.md) - [What's Going On With The Rise In ServiceNow Stock?](https://longbridge.com/en/news/283046515.md) - [10:44 ETSmartflyer y H55 anuncian la primera entrega de módulos de baterías certificables para la aeronave SFX1](https://longbridge.com/en/news/283372597.md)