Hong Kong stocks close | Hong Kong stocks off to a good start in the year of the Tiger, the Hang Seng index rose 3.24%

2022-08-01 0 By

Today (February 4) year four, Hong Kong stocks ushered in the year of the Tiger off to a good start.By the close, the Hang Seng index was up 3.24 per cent and the technology index 3.05 per cent.Consumer discretionary and financials led the way, while Tron and Haidilao, up more than 8 per cent, led the blue chips higher.The Hang Seng index opened higher today, extending gains in afternoon trading as it surged more than 700 points.Technology stocks surged, with Wanguo Data up 8 percent, Mingyuan Cloud up more than 7 percent, Baidu Group, JD Health up nearly 6 percent, Ali Health, China Literature, Alibaba up more than 5 percent, Bilibili, Kingdee International, Lenovo Group up more than 4 percent.Auto stocks were stronger, with Ideal Motor up more than 12%, Xiaopeng Motor up more than 11%, and BYD shares up more than 7% on strong January delivery data.Sporting goods stocks rose, with Li Ning up more than 7%, Anta Sports up more than 6% and Xtep International up 4%.Source: Du Chuang Finance Comprehensive review: Tan Lugang