"Hong Kong Stocks" The Hang Seng Index opened high, up 295 points, with technology stocks leading the rise, Alibaba, Baidu, and JD all up

AASTOCKS
2026.04.15 01:33

U.S. President Trump stated in a media interview that the conflict with Iran has ended, leading to a rise in the Asia-Pacific stock markets, with Hong Kong stocks opening higher. The Hang Seng Index opened up 295 points or 1.1%, at 26,168 points; the Hang Seng China Enterprises Index opened up 104 points or 1.2%, at 8,776 points; the Hang Seng Tech Index opened up 109 points or 2.2%, at 4,961 points.

Overseas technology stocks rose, and among locally listed tech stocks, Alibaba (09988.HK) and Baidu (09888.HK) opened up 4% and 4.9%, respectively. JD.com (09618.HK) opened up 6%, with JP Morgan giving JD.com an "Overweight" rating and a target price of HKD 148. If the losses from new businesses narrow more than expected, significant profit growth is anticipated in the next two years, with greater upside potential than downside risk. Tencent (00700.HK) opened up 1.4% at HKD 500, Kuaishou (01024.HK) and NetEase (09999.HK) opened up 1.9%, and Meituan (03690.HK) opened up 1.1%. Alibaba Health (00241.HK), JD Health (06618.HK), and Bilibili (09626.HK) opened up between 2.7% and 3.2%.

AI stock Zhizhu (02513.HK) opened up 3%, while MiniMax (00100.HK) opened flat at HKD 951. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened up 3% and 2.6%, respectively, while mobile component stock BYD Electronics (00285.HK) opened up 2.1%.

In the automotive sector, BYD (01211.HK), Xiaomi (01810.HK), Li Auto (02015.HK), and Leapmotor (09863.HK) opened up between 1% and 1.2%, while XPeng (09868.HK) opened up 4%.

Oil prices have significantly declined, with CNOOC (00883.HK) opening down 1.6%. Metal stocks opened higher, with China Gold International (02099.HK) and Zijin (02899.HK) opening up 4% and 2.7%, respectively. Interest rate-sensitive real estate stocks New World Development (00016.HK) and MTR Corporation (00066.HK) opened up 2.9% and 3%, respectively, with JP Morgan upgrading MTR's rating to "Overweight," indicating that the combined benefits of the railway and real estate businesses provide support.

In other stocks, HSBC (00005.HK) and Hong Kong Exchanges and Clearing (00388.HK) opened up 0.9% and 1%, respectively, while AIA (01299.HK) opened flat at HKD 87. Pop Mart (09992.HK) opened up 2.9%