Hong Kong tech stocks rallied; AliHealth rose over 5%, Bilibili and Baidu gained over 3%, Tencent Music advanced over 2%

Hong Kong tech stocks rallied; AliHealth rose over 5%, Bilibili and Baidu gained over 3%, Tencent Music advanced over 2%

Hong Kong tech stocks experienced a significant rally on September 2, 2025, driven by strong earnings reports and positive market sentiment. Among the notable gains were AliHealth, Bilibili, and Baidu, each rising by more than 3%. Tencent Music also advanced by over 2% during the trading session.

AliHealth, listed under the stock code 00241.HK, saw its shares increase by 5% after the company reported better-than-expected sales performance for its original and innovative drugs, particularly GLP-1 medications. This positive outlook led to an upward revision in the company's FY26 revenue and net profit growth guidance [2].

Bilibili, known for its video streaming platform, and Baidu, a leading internet services company, both gained over 3%. These increases reflect the growing interest in the digital content and technology sectors, which have been bolstered by increasing consumer demand for online services.

Tencent Music, a subsidiary of the tech giant Tencent, advanced by over 2%, following a series of strategic partnerships and investments in the music streaming market. The company's expansion into new revenue streams and its strong user base have contributed to its recent performance [1].

The overall market sentiment in Hong Kong remains positive, with investors showing confidence in the tech sector's growth prospects. This rally comes amid a backdrop of growing institutional involvement in the BNB ecosystem, as seen with the recent listing of BNB on OSL HK, a digital asset platform regulated by the Securities and Futures Commission (SFC) [1].

References:
[1] https://thecryptobasic.com/2025/09/03/hong-kong-sfc-regulated-exchange-lists-bnb-for-professional-investors/
[2] http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1467475/popular-news/AAFN