Hong Kong Stocks Midday Review: First Trading Day of 2026 Opens Strong, Hang Seng Index Closes Up 2.18%

Golden Ten Data reported on January 2 that the US stock market was closed for the holiday, while today marks the first trading day of 2026 for the Hong Kong stock market. Driven by tech internet stocks, the market continued to rise, with gains expanding to over 500 points. The Hang Seng Index opened 86 points higher at 25,717 points, and with strong capital inflows, the market broke through the 26,000-point mark, rising as much as 586 points intraday to reach 26,217 points, standing above the 100-day moving average. By the close, the Hang Seng Index was up 2.18% in the morning session, the Tech Index rose 3.38%, and the total turnover of the Hang Seng market reached HKD 76.87 billions. On the board, tech internet stocks led the gains, semiconductor stocks rose for a seventh consecutive week, and retail, power equipment, and gaming software stocks strengthened again; meanwhile, biopharmaceutical and cosmetics stocks remained weak, and film, heavy machinery, and food stocks experienced volatile pullbacks. In terms of individual stocks, Biren Technology (06082.HK) surged over 72% on its first day of listing, Hua Hong Semiconductor (01347.HK) rose nearly 10%, Baidu (09888.HK) gained 7.5%, Kingdee International (00268.HK) was up over 6%, while CK Infrastructure Holdings (01038.HK) fell 1.1%.