Hong Kong stocks track firmer Asia; tech stocks lead

KE Holdings

04/05/2026 05:53

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

Mainland China's financial markets remain closed for the Labour Day holidays and will resume on Wednesday.

** At the midday break, the Hang Seng Index .HSI was up 1.7% at 26,216.39. The Chinese H-share index listed in Hong Kong, the Hang Seng China Enterprises Index .HSCE rose 1.64% to 8,824.61.

** Top three percentage gainers on the Hang Seng were Xiaomi Corp 1810.HK, up 8.75%, Alibaba 9988.HK up 5.63%, and Xinyi Solar 0968.HK advanced 5.59%.

** Top three percentage losers on the Hang Seng were CNOOC 0883.HK, which declined 2.52%, Galaxy Entertainment 0027.HK, which slipped 2.29% and PetroChina 0857.HK, down 2.08%.

** Top gainers among H-shares were Xiaomi, KE Holdings Inc 2423.HK advanced 6.9%, and Alibaba.

** The three biggest H-shares percentage decliners were CNOOC, PetroChina Co and Agricultural Bank of China 1288.HK, down by 0.52%.

** The sub-index of the Hang Seng index tracking energy shares .HSCIE dipped 1.5% while the IT sector .HSCIIT rose 2.9%.

(Reporting by Hong Kong newsroom; Editing by Harikrishnan Nair)

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