positive
Recently
Hong Kong Shares Rally as Biren IPO and Baidu Tech Catalyst Boost HSI
Hong Kong’s Hang Seng Index climbed over 2.7% as Biren’s strong IPO debut and Baidu’s planned chip spin-off sparked tech-led market momentum.
Hong Kong stocks opened 2026 strongly with the Hang Seng Index up over 2.7%, lifted by a blockbuster debut from Shanghai Biren Technology and positive reaction to Baidu’s planned AI chip spin off. Biren shares surged more than 75% on their first trading day, reflecting robust demand for AI chip and semiconductor listings. Baidu’s rally added breadth, signaling renewed investor appetite for growth names in tech and hardware sectors.