Hong Kong Shares Extend Gains Midday -- Market Talk

Dow Jones

2025/02/21

0421 GMT - Hong Kong shares are extending gains at midday amid positive sentiment lifted by tech earnings and the recent hype about DeepSeek. Alibaba's Hong Kong-listed shares are up 13% following its strong earnings and the tech giant's long-term growth potential on AI. Tencent and Xiaomi are up 4.5% and 4.8%, respectively. China Unicom gains 12.3% and Lenovo Group is up 12.05%. Meanwhile, the top decliners include Tingyi Holding, which is down 3.1% and Sands China 2.8% lower. The benchmark Hang Seng Index is up 2.0% to 23238.42 and the Hang Seng Tech Index is 4.7% higher. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

February 20, 2025 23:22 ET (04:22 GMT)

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Alibaba's Hong Kong-listed shares are up 13% following its strong earnings and the tech giant's long-term growth potential on AI. Tencent and Xiaomi are up 4.5% and 4.8%, respectively. China Unicom gains 12.3% and Lenovo Group is up 12.05%. Meanwhile, the top decliners include Tingyi Holding, which is down 3.1% and Sands China 2.8% lower. The benchmark Hang Seng Index is up 2.0% to 23238.42 and the Hang Seng Tech Index is 4.7% higher. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2025 23:22 ET (04:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1880383366.USD","symbol_name":"东方汇理中国股票基金 A2 (C)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2513238388","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513238388","pubTimestamp":1740111720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0421 GMT - Hong Kong shares are extending gains at midday amid positive sentiment lifted by tech earnings and the recent hype about DeepSeek. Alibaba's Hong Kong-listed shares are up 13% following its strong earnings and the tech giant's long-term growth potential on AI. Tencent and Xiaomi are up 4.5% and 4.8%, respectively. China Unicom gains 12.3% and Lenovo Group is up 12.05%. Meanwhile, the top decliners include Tingyi Holding, which is down 3.1% and Sands China 2.8% lower. The benchmark Hang Seng Index is up 2.0% to 23238.42 and the Hang Seng Tech Index is 4.7% higher. 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Alibaba's Hong Kong-listed shares are up 13% following its strong earnings and the tech giant's long-term growth potential on AI. Tencent and Xiaomi are up 4.5% and 4.8%, respectively. China Unicom gains 12.3% and Lenovo Group is up 12.05%. Meanwhile, the top decliners include Tingyi Holding, which is down 3.1% and Sands China 2.8% lower. The benchmark Hang Seng Index is up 2.0% to 23238.42 and the Hang Seng Tech Index is 4.7% higher. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 20, 2025 23:22 ET (04:22 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}