Hong Kong Shares End Flat; Investors Digest Xi's Meeting With Tech Leaders -- Market Talk

Dow Jones

02-17

0855 GMT - Hong Kong shares ended flat, with the Hang Seng Index little changed at 22616.23. The Hang Seng Tech Index shed 0.5% lower to 5499.26. Investors digested reports of Chinese President Xi Jinping's meeting with a number of tech leaders, including Alibaba co-founder Jack Ma. Among major stocks, Baidu fell 6.9% and Alibaba declined 1.5%, while Tencent gained 4.0% after it announced that its messaging app Weixin launched beta testing with DeepSeek. Other gainers included China Unicom, which was 7.65% higher, and SMIC, which added 4.3%. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

February 17, 2025 03:55 ET (08:55 GMT)

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The Hang Seng Tech Index shed 0.5% lower to 5499.26. Investors digested reports of Chinese President Xi Jinping's meeting with a number of tech leaders, including Alibaba co-founder Jack Ma. Among major stocks, Baidu fell 6.9% and Alibaba declined 1.5%, while Tencent gained 4.0% after it announced that its messaging app Weixin launched beta testing with DeepSeek. Other gainers included China Unicom, which was 7.65% higher, and SMIC, which added 4.3%. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2025 03:55 ET (08:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}