Hong Kong shares track firmer Asia; tech stocks lead

KE Holdings

04/05/2026 09:45

Updates for market close

HONG KONG, May 4 (Reuters) - Hong Kong stocks closed higher on Monday, tracking a firmer tone in Asian markets, with technology shares leading gains and a higher risk appetite among investors as oil prices flatlined.

Financial markets in mainland China remain closed for Labour Day holidays and will resume trading on Wednesday.

** At the close, the Hang Seng Index .HSI was up 1.24% at  26,095.88. The Chinese H-share index listed in Hong Kong, the Hang Seng China Enterprises Index .HSCE rose 1.07% to 8,774.39.

** Top three percentage gainers on the Hang Seng were Xiaomi Corp 1810.HK, up 6.75%, Xinyi Solar 0968.HK which advanced 5.59% and Henderson Land 0012.HK, which was up 4.94%.

** Top three percentage losers on the Hang Seng were Galaxy Entertainment 0027.HK, which fell 2.83%, PetroChina 0857.HK, which slid 2.74%, and CNOOC Ltd 0883.HK, down 2.59%.

** MGM China 2282.HK fell 3.77%, leading a slide in Macau gaming shares after the hub posted a 5.5% rise in April gambling revenue, slowing from a 15% jump in March revenue.

** Top gainers among H-shares were Xiaomi, KE Holdings Inc 2423.HK advanced 6.62%, and Alibaba 9988.HK which climbed 4.52%.

** The three biggest H-shares percentage decliners were PetroChina, CNOOC, and Pop Mart 9992.HK, down by 0.95%.

** The sub-index of the Hang Seng index tracking energy shares .HSCIE eased 1.7% while the IT sector .HSCIIT climbed 2.3%.

 (Reporting by Hong Kong newsroom; Editing by Ronojoy Mazumdar)

 ((donny.kwok@thomsonreuters.com; +852 3462 7745;))