29th October 2026 – (Hong Kong) The Hang Seng Index opened down 6 points, or 0.03 per cent, at 23,088, while the Hang Seng China Enterprises Index added 6 points, or 0.08 per cent, to 7,797 and the Hang Seng Tech Index slipped 19 points, or 0.5 per cent, to 3,834. Early trading turnover was about HK$1.62 billion at 9.22am. Large‑cap technology shares were mixed at the start: Tencent Holdings fell 0.4 per cent, Alibaba Group declined 0.6 per cent and Meituan eased 0.8 per cent, while Xiaomi Corporation rose 0.3 per cent, JD.com was unchanged and Kuaishou edged up 0.07 per cent. Lenovo Group retreated 2.1 per cent.
Financials were also mixed, with Standard Chartered down 0.8 per cent, HSBC Holdings off 0.37 per cent, AIA Group up 0.1 per cent, Ping An Insurance down 0.3 per cent and Hong Kong Exchanges and Clearing marginally lower by 0.06 per cent. A leveraged product linked to SK Hynix (07709) advanced more than 3 per cent in early moves.
By 9.28am, the market remained slightly softer, with the headline index still at 23,088 and the tech benchmark at 3,834. At 9.39am, New Oriental Education & Technology Group (09901) fell 11 per cent to as low as HK$36.80 following its results, even as the company reported a 68.6 per cent year‑on‑year increase in adjusted net profit last quarter and raised its full‑year revenue outlook. Evergrande Property Services (06666) was suspended before the open pending an announcement under the Takeovers Code.
