Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut
Hong Kong’s Hang Seng Index jumped 1.72% to 26,394.26 on Thursday after China’s first-quarter GDP beat forecasts. Tech and battery stocks led gains, with Alibaba up 5.6% and CATL up 9%. Sigenergy surged 103% on debut, raising HK$4.4 billion. Average daily turnover in Hong Kong rose 14% in the first quarter, while IPO fundraising soared 488% year-on-year.