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HSI Gains 27 Pts; Multiple CN Developers Bloom

Nasdaq rose 1.4% as AI boom pushed up technology stocks, while the market looked forward to the new non-farm payrolls data in the US. In Hong Kong, $Hang Seng Index(800000.HK)$ opened 27 pts or 0.2% higher at 16,373; $Hang Seng China Enterprises Index(800100.HK)$ opened 10 pts or 0.2% higher at 5,625; and $Hang Seng TECH Index(800700.HK)$ opened less than 1 pt lower at 3,720.
$CEB BANK(06818.HK)$ said it is working with $COUNTRY GARDEN(02007.HK)$ and other Chinese property developers to enhance support for non-state-owned developers. $CEB BANK(06818.HK)$ opened flat at $2.2. For Chinese property developers, $LONGFOR GROUP(00960.HK)$ , $COUNTRY GARDEN(02007.HK)$ and $CHINA JINMAO(00817.HK)$ added 1%-1.3%. $SUNAC(01918.HK)$ dropped 0.9%.
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