$Hang Seng Index(800000.HK)$ opened 179 pts or 1% higher at 18,409. $Hang Seng China Enterprises Index(800100.HK)$ opened 75 pts or 1.2% higher at 6,538. $Hang Seng TECH Index(800700.HK)$ opened 61 pts or 1.6% higher at 3,814.
EV makers surged, with $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ rallying 9.2% and 5%. $BYD COMPANY(01211.HK)$ and $LI AUTO-W(02015.HK)$ shot up 2.1% and 3.8%.

$Hang Seng Index(800000.HK)$ opened 53 pts or 0.3% lower at 18,423. $Hang Seng China Enterprises Index(800100.HK)$ opened 26 pts or 0.4% lower at 6,531. $Hang Seng TECH Index(800700.HK)$ opened 13 pts or 0.4% lower at 3,752.
For automakers, $GEELY AUTO(00175.HK)$ , $LI AUTO-W(02015.HK)$ and $XPENG-W(09868.HK)$ dropped 0.8%-1.2%. $NIO-SW(09866.HK)$ and $BYD COMPANY(01211.HK)$ gained 0.8% and 1.5%.

$Hang Seng Index(800000.HK)$ opened 161 pts or 0.9% lower at 18,659. $Hang Seng China Enterprises Index(800100.HK)$ opened 49 pts or 0.8% lower at 6,636. $Hang Seng TECH Index(800700.HK)$ opened 33 pts or 0.9% lower at 3,821.
Many Chinese cities lowered their down payment ratios and interest rate floors, including T1 cities, Guangzhou and Shenzhen. Chinese property developers $CHINA OVERSEAS(00688.HK)$ and $CHINA RES LAND(01109.HK)$ ebbed 1.8% and 1.5%.

At close, $Hang Seng Index(800000.HK)$ dropped 6 pts or 0.0% to 18,821. $Hang Seng TECH Index(800700.HK)$ dropped 9 pts or 0.3% to 3,854. $Hang Seng China Enterprises Index(800100.HK)$ fell 2 pts or 0.0% to 6,686. Market turnover reached $97.76 billion.
Active Heavyweights:
$HKEX(00388.HK)$ closed at $276.4, down 0.9%
$TENCENT(00700.HK)$ closed at $380.2, up 0.7%
$BABA-SW(09988.HK)$...

$Hang Seng Index(800000.HK)$ opened 2 pts or 0.02% lower at 18,606. $Hang Seng China Enterprises Index(800100.HK)$ opened 2 pts or 0.04% higher at 6,607. $Hang Seng TECH Index(800700.HK)$ opened 2 pts or 0.06% higher at 3,801.
$EVERG VEHICLE(00708.HK)$ announced potential transfer of its 29% stake with credit aid, having the trading in its shares resumed and opened 94.7% higher at $0.74. $EVERG SERVICES(06666.HK)$ , under the same series, opened 12.7% higher at $0.89. Hainan and Chon...

$Hang Seng Index(800000.HK)$ opened 126 points or 0.7% lower at 18,742. $Hang Seng China Enterprises Index(800100.HK)$ opened 41 points or 0.6% lower at 6,660. $Hang Seng TECH Index(800700.HK)$ opened 31 points or 0.8% lower at 3,865.
$XIAOMI-W(01810.HK)$ 's 1Q24 non-IFRS net profit rose 101%, far beating estimations. XIAOMI-W raised its full-year auto delivery target to 120,000 units, but its share price slid 0.1%.  $NTES-S(09999.HK)$ 's 1Q24 non-GAAP net profit ...

Hong Kong stocks opened higher. $Hang Seng Index(800000.HK)$ opened up 4 points at 19,225. $Hang Seng China Enterprises Index(800100.HK)$ opened up 12 points or 0.2% at 6,833.  $Hang Seng TECH Index(800700.HK)$ opened up 6 points or 0.2% at 3,987.
Electric car stock $XPENG-W(09868.HK)$ opened surging 9.6% after narrowing its loss to RMB1.37 billion in the first quarter, significantly beating market expectations. $LI AUTO-W(02015.HK)$ and $NIO-SW(09866.HK)$ open...

After the quarterly review, $Hang Seng Index(800000.HK)$ will include $BYD ELECTRONIC(00285.HK)$ and exclude $CG SERVICES(06098.HK)$ . BYD ELECTRONIC inclined 1.6%, while CG SERVICES dropped 1.9%. $Hang Seng China Enterprises Index(800100.HK)$ removed $XINYI SOLAR(00968.HK)$ , but the stock still lifted 0.9%.

$Hang Seng Index(800000.HK)$ lifted 82 points or 0.4% to close at 19,636. $Hang Seng China Enterprises Index(800100.HK)$ inclined 30 points or 0.4% to close at 6,964. $Hang Seng TECH Index(800700.HK)$ rose 22 points or 0.6% to close at 4,135. The total turnover for the whole day was $156.477 billion.
The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...

$Hang Seng Index(800000.HK)$ climbed 303 points or 1.6% to 19,376 at midday. $Hang Seng China Enterprises Index(800100.HK)$ gained 122 points or 1.8% to 6,864. $Hang Seng TECH Index(800700.HK)$ hiked 42 points or 1.1% to 4,084. Total half-day turnover for the market amounted to $114.256 billion.
$TENCENT(00700.HK)$ 's 1Q24 non-IFRS net profit hiked 54% YoY, beating forecasts, and its share price advanced 4.2% to $397.8.
$BABA-SW(09988.HK)$ shed 2.4%...