HKEX stock jumps 2% on AI-led Hong Kong rally as IPO buzz returns — what’s next for 0388.HK
Hong Kong Exchanges and Clearing shares rose 2.01% to HK$415.80 on Friday, with 3.59 million shares traded. The move followed news of Baidu’s Kunlunxin filing for a Hong Kong IPO and a rally in tech stocks. The Hang Seng Index closed up 2.76%. Mainland China’s markets reopen Monday after the holiday.