STOCKS | Hong Kong Stocks Show Mixed Performance as Tech Stocks Rebound

On April 24, Hong Kong's major stock indices opened lower but showed a recovery trend by midday, according to Jin10. The Hang Seng Tech Index turned positive just before the midday break. By the close of the morning session, the Hang Seng Index had fallen by 0.2%, while the Hang Seng Tech Index rose by 0.34%. Some previously declining heavyweight tech stocks showed signs of recovery. Baidu (09888.HK) saw a sharp increase of over 2%, while Alibaba (09988.HK) also turned positive. Tencent Holdings (00700.HK), Xiaomi Group (01810.HK), and JD.com (09618.HK) experienced declines of less than 1%. Semiconductor stocks showed significant gains, with Hua Hong Semiconductor (01347.HK) leading the rise. Additionally, stocks in the oil sector, brain-computer interface concept stocks, and robotics concept stocks also saw increases.