Hang Seng index opens 0.3% higher; Hang Seng tech index opens 0.4% higher
The Hang Seng Index (HSI) and Hang Seng Tech Index (HSTI) both experienced notable gains at the opening of trading on September 2, 2025. The HSI opened 0.3% higher at 25,250 points, while the HSTI opened 0.4% higher at 5,740.77 points [1].
Several key factors contributed to the positive opening for both indices. The Hang Seng Tech Index was bolstered by the resilience of technology stocks, particularly those that have shown strong performance in recent weeks. Xiaomi Group and JD.com, both included in the HSI, have demonstrated robust growth, providing stability to the index. Additionally, the upcoming addition of Mirxes to the Hang Seng Composite Index is expected to enhance liquidity and visibility for the biotech firm, potentially drawing more investors to the Hong Kong market [2].
The broader market volatility and geopolitical uncertainties, including ongoing trade negotiations between the United States and China, have contributed to the decline in both indices. However, the positive opening suggests a cautious optimism among investors, who are balancing exposure to U.S. and Chinese semiconductor leaders while hedging geopolitical risks. U.S. firms like AMD and Nvidia face revenue losses due to export restrictions but have adapted by developing lower-performance chips for China. Meanwhile, Chinese firms like Huawei and SMIC are crucial to China's self-reliance agenda but face challenges in advanced manufacturing processes and global supply chain integration [2].
Overall, the Hang Seng Tech Index's performance reflects the growing uncertainty in the technology sector, particularly in AI and semiconductor technologies. This trend is likely to continue as investors anticipate further market fluctuations and geopolitical developments.
References:
[1] https://www.ainvest.com/news/hang-seng-hang-seng-tech-index-turned-nio-dropped-4-smic-fell-3-5-2509/
[2] https://www.businesstimes.com.sg/companies-markets/singapore-headquartered-mirxes-join-alibaba-tencent-hang-seng-composite-index
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