Stock Track | JD-SW Surges 5.74% as Hong Kong Tech Stocks Rally

Stock Track

01-14

JD-SW, the logistics and delivery arm of Chinese e-commerce giant JD.com, saw its shares soar 5.74% during Tuesday's trading session amid a broader tech stock rally in Hong Kong.

The surge in JD-SW's stock price was fueled by a strong performance in the Hong Kong technology sector. The Hang Seng Tech Index (HSTECH) gained an impressive 3%, with several prominent tech companies recording significant gains.

Xiaomi (01810) and Meituan (03690) both saw their shares rise over 5%, while Tencent (00700) increased by 3.4% on continued net buying from northbound funds. The bullish sentiment extended to electric vehicle maker XPeng (09868), which jumped 7%.

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