Hong Kong stocks closed mixed, Chery Auto surged 15.26%, Shandong Molong rose 16.37%
Market Watcher04-02 16:10
On April 2, 2026, the Hong Kong stock market closed with mixed results. The Hang Seng Index fell by 0.70%, the Hang Seng China Enterprises Index dropped by 0.56%, the Hang Seng Tech Index declined by 1.63%, and the Hang Seng Composite Index decreased by 0.14%.
In terms of sectors, the coal sector saw significant gains with YANKUANG ENERGY rising 3.11% and CHINA COAL up 3.74%. The automotive sector also performed well, with GEELY AUTO surging 8.37% and GWMOTOR increasing by 7.34%. On the other hand, the gold sector experienced notable declines.
CHERY AUTO surged 15.26% due to strong sales performance and positive market sentiment towards the company's new model launches.
SHANDONG MOLONG rose 16.37% following the announcement of a significant new contract, which is expected to boost the company's revenue and profitability.
EXTREME VISION saw a remarkable increase of 20.12%, driven by the company's breakthrough in AI technology, which has garnered significant investor interest.
FOURSEMI gained 12.61% after reporting better-than-expected quarterly earnings, highlighting strong demand for its semiconductor products.
BRIGHT SMART increased by 6.33% as the company announced a strategic partnership with a leading financial institution, expected to enhance its market position.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.