Hong Kong Shares Gain 2.1%, Led by Tech Stocks -- Market Talk

Dow Jones

2025/03/06

0157 GMT - Hong Kong's Hang Seng Index rises 2.1% to 24095.71, led by tech stocks. Markets are likely digesting announcements from China's National People's Congress. Consumption and innovation priorities were heavily emphasized by Premier Li Qiang, with subsidies announced which will benefit manufacturers for appliances, EVs and electronic devices, Maybank analysts write in a note. Kuaishou Technology jumps 7.7%, Alibaba Group rises 6.5% and Tencent Holdings gains 5.0%. The Hang Seng Tech Index is 3.4% higher. Among decliners, Chow Tai Fook Jewellery Group falls 2.3%, Cnooc loses 1.5% and Xinyi Solar is 1.4% lower. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

March 05, 2025 20:57 ET (01:57 GMT)

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Markets are likely digesting announcements from China's National People's Congress. Consumption and innovation priorities were heavily emphasized by Premier Li Qiang, with subsidies announced which will benefit manufacturers for appliances, EVs and electronic devices, Maybank analysts write in a note. Kuaishou Technology jumps 7.7%, Alibaba Group rises 6.5% and Tencent Holdings gains 5.0%. The Hang Seng Tech Index is 3.4% higher. Among decliners, Chow Tai Fook Jewellery Group falls 2.3%, Cnooc loses 1.5% and Xinyi Solar is 1.4% lower. (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 20:57 ET (01:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Shares Gain 2.1%, Led by Tech Stocks -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Shares Gain 2.1%, Led by Tech Stocks -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-06 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0157 GMT - Hong Kong's Hang Seng Index rises 2.1% to 24095.71, led by tech stocks. Markets are likely digesting announcements from China's National People's Congress. Consumption and innovation priorities were heavily emphasized by Premier Li Qiang, with subsidies announced which will benefit manufacturers for appliances, EVs and electronic devices, Maybank analysts write in a note. Kuaishou Technology jumps 7.7%, Alibaba Group rises 6.5% and Tencent Holdings gains 5.0%. The Hang Seng Tech Index is 3.4% higher. Among decliners, Chow Tai Fook Jewellery Group falls 2.3%, Cnooc loses 1.5% and Xinyi Solar is 1.4% lower. (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 20:57 ET (01:57 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":"LU1046421795.USD","symbol_name":"富达环球科技A-ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517977447","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517977447","pubTimestamp":1741226220,"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":"0157 GMT - Hong Kong's Hang Seng Index rises 2.1% to 24095.71, led by tech stocks. Markets are likely digesting announcements from China's National People's Congress. Consumption and innovation priorities were heavily emphasized by Premier Li Qiang, with subsidies announced which will benefit manufacturers for appliances, EVs and electronic devices, Maybank analysts write in a note. Kuaishou Technology jumps 7.7%, Alibaba Group rises 6.5% and Tencent Holdings gains 5.0%. The Hang Seng Tech Index is 3.4% higher. Among decliners, Chow Tai Fook Jewellery Group falls 2.3%, Cnooc loses 1.5% and Xinyi Solar is 1.4% lower. 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Markets are likely digesting announcements from China's National People's Congress. Consumption and innovation priorities were heavily emphasized by Premier Li Qiang, with subsidies announced which will benefit manufacturers for appliances, EVs and electronic devices, Maybank analysts write in a note. Kuaishou Technology jumps 7.7%, Alibaba Group rises 6.5% and Tencent Holdings gains 5.0%. The Hang Seng Tech Index is 3.4% higher. Among decliners, Chow Tai Fook Jewellery Group falls 2.3%, Cnooc loses 1.5% and Xinyi Solar is 1.4% lower. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 20:57 ET (01:57 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"}}}