Stock Track | WB-SW Soars 6.71% as Hong Kong Stocks Rally on US-China Trade Talks Hope

Stock Track

Feb 04, 2025

WB-SW, a leading Hong Kong stock, surged 6.71% in Tuesday's intraday trading session, outperforming the broader market. The stock's rally was fueled by optimism surrounding potential progress in US-China trade negotiations.

Hong Kong stocks experienced a significant boost, with the Hang Seng Index climbing 3.1% by 10:25 a.m. local time, marking its biggest daily gain since October 2. The Hang Seng Tech Index also jumped 4.9% as investor sentiment improved.

The positive market sentiment was driven by comments from US President Donald Trump, who stated that he would speak with China regarding trade negotiations, raising hopes for a potential resolution to the ongoing trade tensions. This news sparked a broad-based rally in Hong Kong stocks, with prominent names like XPeng, Bilibili, Li Auto, SMIC, JD.com, Meituan, Xiaomi, NIO, Alibaba, and Tencent all posting significant gains.

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This news sparked a broad-based rally in Hong Kong stocks, with prominent names like XPeng, Bilibili, Li Auto, SMIC, JD.com, Meituan, Xiaomi, NIO, Alibaba, and Tencent all posting significant gains.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09898","symbol_name":"微博-SW","start_time":0,"source_url":"","article_id":"1130728080","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130728080","pubTimestamp":1738636471,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"WB-SW, a leading Hong Kong stock, surged 6.71% in Tuesday's intraday trading session, outperforming the broader market. 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