Hong Kong stocks opened little changed. The Hang Seng Index opened at 23,301.74, up 0.03% from the end of the previous week, and was supported by buying in major mainland Chinese technology stocks. Although the market was also affected by declines in U.S. stocks, reports that the People's Bank of China and other parties were discussing measures to support share prices with financial institutions were viewed positively.
Against the backdrop of developments in Japan and China, Hong Kong stocks moved within a narrow range from the open. The Hang Seng Index opened slightly higher than at the end of the previous week, with the performance of major stocks influencing the market as a whole.
Buying in mainland Chinese technology stocks continued to support the index. Buying was observed in major stocks, serving as a support for the market.
News reports said that the People's Bank of China and financial institutions were discussing measures to support share prices, heightening market interest in monetary policy developments. The market's response may change depending on subsequent reports.