The Hang Seng Index opened slightly higher, SMIC rose nearly 3%, precious metal stocks faced selling pressure, and 6 new stocks are in fierce competition | Hong Kong stock market opens
The Hang Seng Index opened 1 point higher this morning, reporting at 25,636 points. Precious metal stocks fell due to profit-taking, with spot gold prices dropping over 4% to $4,331.48, and spot silver prices falling nearly 9% to $72.15. The three major U.S. stock indices collectively declined, with Tesla's stock price dropping 3.3% due to delays in the Cybertruck project. SMIC plans to acquire 49% equity in North China Semiconductor for 40.6 billion, with the stock opening at 71.5 yuan, up nearly 3%
