Hang Seng Index rebounds as technology and gold stocks surge
Friday, March 14, 2025       08:54 WIB

14th March 2025 - (Hong Kong) Following five consecutive sessions of losses, Hong Kong's Hang Seng Index rebounded on Friday, opening 190 points higher, or 0.81%, at 23,653. The China Enterprises Index gained 96 points, or 1.12%, to reach 8,737, while the Hang Seng Tech Index rose 78 points, or 1.36%, to 5,826.
Technology stocks led the recovery, with notable gains across the sector. Tencent rose 1%, Alibaba climbed 2.2%, Meituan advanced 2.3%, Xiaomi edged up 0.2%, JD.com surged 2.7%, and Kuaishou added 1.7%.
Financial stocks showed mixed performance. HSBC Holdings remained flat, AIA Group dropped 2% following its earnings release, while Ping An Insurance gained 1.4%, and Hong Kong Exchanges and Clearing rose 1.6%.
Gold-related stocks rallied alongside a new peak in gold prices. Zijin Mining Group increased 2.5%, Zhongjin Mining soared 4.3%, Shandong Gold Mining climbed 4.1%, and Chow Tai Fook added 1.5%.

Sumber : dimsumdaily.hk