The Hang Seng Index rebounded in the Hong Kong stock market on the morning of the 9th, rising 259.92 points from the previous day to 24,045.71. Investor sentiment improved as US interest rates fell, prompting buying in major mainland Chinese tech stocks. Xiaomi also surged.
The Hang Seng Index rebounded in the Hong Kong stock market on the morning of the 9th. The morning close was 24,045.71, up 259.92 points from the previous day.
Investor sentiment improved as US interest rates fell, prompting buying in major mainland Chinese tech stocks, which had recently been notably weak.
Tencent and Alibaba Group were cited among the stocks in focus, while Xiaomi also surged. The view was expressed that buying was dominant in tech stocks.