Southeast Asia Information Port News (www.dnyxxg.com) – Hong Kong stocks opened their first trading day of 2026 on March 2nd, with the market rising strongly and recovering the 26,000-point mark. At the close, the Hang Seng Index rose 707.93 points, or 2.76%, to 26,338.47; the Hang Seng Tech Index rose 4% to 5,736.44; and the Hang Seng China Enterprises Index rose 2.86% to 9,168.99.
Ye Zeheng, an analyst at the Securities Department of Industrial and Commercial Bank of China (Asia), told a reporter from China News Service that Hong Kong stocks performed well on the first trading day of 2026, with the Hang Seng Index and the Hang Seng China Enterprises Index posting their largest gains in over seven months, and the Hang Seng Tech Index posting its largest gain in over three months.
In terms of sector performance, the market saw a broad-based rally, with multiple sectors including biopharmaceuticals, technology, gold, banking, and securities all rising. Technology stocks performed strongly, with Baidu Group rising 9.35%, NetEase rising 6.62%, Alibaba and Tencent Holdings rising 4.34% and 4.01% respectively. Leading stocks such as Kuaishou, JD.com, Xiaomi, and Meituan also recorded gains.
Semiconductor stocks also rose, with Hua Hong Semiconductor rising 9.42%, SMIC rising 5.11%, and China Electronics Huada Technology rising 4.65%.
Among the top three stocks by trading volume, Tencent Holdings saw over HK$10 billion in turnover; Alibaba saw over HK$7.2 billion; and Biren Technology rose 75.82%, with over HK$5.5 billion in turnover.
Liu Dachang, Head of Capital Markets at KPMG China (Hong Kong), stated that the increasing number of high-tech companies choosing to list in Hong Kong highlights the attractiveness of Hong Kong's policies and regulatory environment. At the same time, the continued increase in foreign investment participation further underscores Hong Kong's advantages. With continued policy support and development in the new economy, this year is expected to be a crucial year for high-tech company listings, further consolidating Hong Kong's position as a global leader in capital markets. (End)
