HSI1 24,642.51 +132.42 177.48B
HSCEI1 8,216.84 +51.06 51.28B
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HSI Opens Up 44 Pts; TENCENT (00700.HK) Gains 1%; GOODBABY INTL (01086.HK) Surges Nearly 15% on Chairman's Privatization Proposal
2026-09-28 09:36:15
International oil prices retreated from peaks last Friday (25th), driving gains of about 0.5% to 0.9% in the three major US stock indices. This morning (28th), the HSI opened at 24,554, up 44 pts or 0.18%; the HSTECH opened at 4,324, up 12 pts or 0.29%; while the HSCEI opened at 8,195, up 29 pts or 0.36%.

Major tech stocks showed mixed performance. TENCENT (00700.HK) opened up 1.1%; NTES (09999.HK) gained 1.71%; BIDU-W (09888.HK), JD-SW (09618.HK), KUAISHOU-W (01024.HK) and XIAOMI-W (01810.HK) rose less than 1%; while BABA-W (09988.HK) fell 0.55%.

Among blue chips, CATL (03750.HK) dropped 1.1%; CNOOC (00883.HK) and PETROCHINA (00857.HK) opened up nearly 1%; while WH GROUP (00288.HK) gained 1.23%.

Metal and mining stocks came under pressure. CMOC (03993.HK) fell 1.33%; ZIJIN MINING (02899.HK) dropped 1.11%; and ZIJIN GOLD INTL (02259.HK) declined 2.17%.

For individual stocks, GOODBABY INTL (01086.HK) opened up 14.81% after its chairman proposed privatization at a 39% premium; NWDS CHINA (00825.HK) fell 5.56% after forecasting a full-year loss of no more than HKD780 million; NIO-SW (09866.HK) and Geely Holding reached a strategic deal on battery swapping and charging businesses, with NIO Energy's post-investment valuation reaching RMB16 billion, while NIO-SW (09866.HK) opened up 1.07%. (mn/ad)~

AASTOCKS Financial News
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.