Hang SengHSI50

Hang Seng Index rises 0.76% to 23,055.03 amid tech sector gains

In the past 24 hours, the Hang Seng Index (HSI) experienced a positive movement, closing at 23,055.03 points, up 0.76%. This uptick was primarily driven by strong performances in the technology sector, with major tech stocks like Alibaba and Meituan contributing to the gains. Additionally, the broader Asian market sentiment was influenced by a weaker-than-expected U.S. jobs report, which dampened prospects for imminent Federal Reserve interest rate hikes.