Hong Kong stocks open: Hang Seng Index opens 1.72% higher, Alibaba opens nearly 15% higher

2025-09-01 09:21:28

At the Hong Kong stock market opening, the Hang Seng Index opened 1.72% higher, and the Hang Seng Tech Index rose 2.08%. Alibaba opened nearly 15% higher, having invested 38.6 billion RMB in capital expenditures on AI and cloud infrastructure over the past quarter. BYD Co., Ltd. opened over 8% lower, reporting a net profit of 15.511 billion RMB in the first half of the year, a year-on-year increase of 13.8%.

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