Hong Kong Shares Rise on Positive Sentiment -- Market Talk

Dow Jones

03-06

0441 GMT - Hong Kong shares rise to multi-year highs, with the Hang Seng Index up 2.6% at 24216.93 around midday. The Hang Seng Tech Index is up 4.7% at 6029.91. Sentiment is driven by China's GDP growth target of around 5% for 2025, matching that of 2024 despite U.S. trade tensions. Markets are also supported by the government's pledges to boost domestic consumption, innovation and the tech industry, the Saxo APAC Research team writes in a note. Tech stocks lead the gains, with Kuaishou Technology up 14%, Alibaba Group rising 7.2% and Tencent gaining 5.8%. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

March 05, 2025 23:41 ET (04:41 GMT)

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(kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 23:41 ET (04:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1823568750.SGD","symbol_name":"Fidelity Global Technology A-ACC SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517042869","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517042869","pubTimestamp":1741236060,"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":"0441 GMT - Hong Kong shares rise to multi-year highs, with the Hang Seng Index up 2.6% at 24216.93 around midday. 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The Hang Seng Tech Index is up 4.7% at 6029.91. Sentiment is driven by China's GDP growth target of around 5% for 2025, matching that of 2024 despite U.S. trade tensions. Markets are also supported by the government's pledges to boost domestic consumption, innovation and the tech industry, the Saxo APAC Research team writes in a note. Tech stocks lead the gains, with Kuaishou Technology up 14%, Alibaba Group rising 7.2% and Tencent gaining 5.8%. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 23:41 ET (04:41 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}}}