HSI Opens Up 361 pts; HSBC HOLDINGS and AIA Rise; CATL Gains

AASTOCKS News
2026.05.04 01:48
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Hong Kong stocks opened higher, with the HSI up 361 points (1.4%) at 26,138. Major blue chips like HSBC Holdings and AIA rose by 2.8% and 2.9%, respectively. Other notable gains included CATL (+2.6%) and Weichai Power (+8.8%). Despite a slight dip in oil prices due to geopolitical news, the market showed strong performance across various sectors, including technology and automotive stocks. Short selling data indicated significant activity, particularly in Tencent and Meituan.