U.S. stocks closed higher last Friday, with the three major indices all recording gains despite weaker-than-expected latest job growth data from the U.S., which did not dampen market sentiment. The U.S. dollar trended upwards, while the yield on the 10-year U.S. Treasury note held steady around 4.17%. Gold prices performed well, and oil prices also showed an upward trend.
Today, the three major Hong Kong stock indices opened collectively higher. The Hang Seng Index opened up 0.55% at 26,376.84 points, the Hang Seng Tech Index rose 0.88%, and the Hang Seng China Enterprises Index gained 0.75%. Across the market, technology stocks saw broad-based gains, with Meituan, Baidu, and Bilibili rising over 2%, and Kuaishou increasing more than 1%. Gold stocks generally advanced, with Chifeng Gold climbing 4%. The commercial aerospace concept remained active, with APT Satellite Holdings rising over 5%. Semiconductor stocks opened higher, with Iluvatar CoreX gaining over 3%. OmniVision Group made its debut on the Hong Kong Stock Exchange today, opening over 3% higher on its first day of trading.

