HSI Closes Midday at 25,402, Up 220 pts; HSTI Closes Midday at 4,972, Up 88 pts; MEITUAN Up over 6%; CHINA RES POWER, CATL, HUANENG POWER, CHINA POWER Hit New Highs
AASTOCKS News·- The Hang Seng Index (HSI) rose 220 points, or 0.9%, closing at 25,402, while the Hang Seng Tech Index (HSTI) increased by 88 points, or 1.8%, to 4,972. - Key heavyweights included Meituan, which gained 6.3%, and Tencent, up 2.6%, with significant short selling activity observed across various stocks. - Notable gainers included Laopu Gold at 9.03% and Lenovo Group at 6.08%, while Beigene declined by 3.9% amid active trading on the market.