On January 13, 2025, the Hong Kong stock market opened lower. The Hang Seng Index (HSI) fell by 1.28%, the Hang Seng China Enterprises Index (HSCEI) decreased by 1.03%, the Hang Seng Tech Index (HSTECH) dropped by 1.28%, and the Hang Seng China-Affiliated Corporations Index (HSCCI) slightly declined by 0.63%.
The Evergrande series saw a notable increase, with EVERG SERVICES surging 22%.
The popular tech stocks in Hong Kong experienced a decline, with BABA-W down 2%, XIAOMI-W down 1%, JD-SW decreasing by 2%, and BEKE-W falling 1%.
BEKE-W repurchased 915,600 shares for $5 million on January 10, 2025, which may have influenced its stock price.
ZTO EXPRESS-W fell 1.8% after repurchasing approximately 352,800 shares for about $6.34 million on January 10, 2025.