The Hang Seng Tech Index Jumps 5%; XPeng up 12%; Kingsoft Cloud up 10%; Bilibili and Li Auto up 9%
Hong Kong stocks advanced on Tuesday as investors gained confidence that trade negotiations are taking place after US President Donald Trump said he would speak with China.The Hang Seng Index rose 3.1% at 10.25am local time, the biggest daily gain since October 2. The Hang Seng Tech Index jumped 4.9 per cent.Mainland stock exchanges remained shut for the Lunar New Year holiday and will resume trading on Wednesday.In terms of star stocks, Xpeng rose 10%; Bilibili and Li Auto rose 0%; SMIC, JD.com