Hong Kong Stocks Mostly Rise. Xiaomi And XPeng Rising 6%; JD, Alibaba, Li Auto And BYD Up 3%
On May 2, 2025, the Hong Kong stock market closed mostly higher. The Hang Seng Index rose by 1.74%, the Hang Seng China Enterprises Index increased by 1.92%, the Hang Seng Tech Index climbed by 3.08%, and the Hang Seng Composite Index edged up by 0.47%.In terms of sectors, the Hong Kong pharmaceutical stocks and pharmaceutical outsourcing concept stocks showed significant gains. Notably, $WUXI APPTEC$ surged 7.07%, and $WUXI BIO$ rose 5.70%. The SaaS concept stocks also performed well, with $KIN