The Hang Seng Index opened 74 points higher, KUAISHOU-W fell over 3%, HANXBIO-B debuted with a drop of 10%, and NobiKan surged 300% | Hong Kong stock market opening

The Hang Seng Index opened 74 points higher this morning, reporting at 25,875 points. KUAISHOU-W fell over 3% due to attacks from the black and gray industry on the platform. HANXBIO-B dropped 10% on its first day of listing, while NOBIKAN surged 300%. Federal Reserve Board member Michelle Bowman stated that if interest rates are not cut next year, there may be a risk of recession, leading to increased market expectations for rate cuts. Geopolitical tensions between the U.S. and Iran have driven gold and silver prices to new highs. The three major U.S. stock indices performed well on Monday, with reports that Nvidia will supply H200 chips to China next year, and Alphabet will acquire Intersect