Flash News: Hang Seng Index opens down 0.12%, Tech Index rises 0.21%, gold stocks decline broadly, innovative pharmaceutical concept stocks active

MaticHoleFiller · 2026-03-17T08:23:46+00:00

US stocks fell last Friday due to geopolitical tensions, with a stronger US dollar, rising bond yields, and falling gold prices. Today Hong Kong's three major indices showed mixed movements, with technology stocks displaying divergent performance, biotech innovation concepts showing activity, and gold stocks declining broadly.

MaticHoleFiller

2026-03-17 08:23:46

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U.S. stocks rose then fell last Friday amid ongoing geopolitical tensions, affecting market sentiment. The three major indices closed lower. The dollar trend is positive, with the 10-year U.S. Treasury yield rising to 4.28%. Gold prices are declining, while oil remains strong.

Today, Hong Kong stocks’ three major indices show mixed movements. The Hang Seng Index opened down 0.12%, at 25,436.27 points. The Hang Seng Tech Index rose 0.21%, and the China Enterprises Index increased 0.13%. In the market, tech stocks fluctuate; JD.com and Meituan are up over 1%, Baidu down over 0.5%. Innovative medicine concepts are active, with Rongchang Bio up over 1%. Gold stocks mostly decline, with Zijin Mining down over 2%.

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Editor: Hao Xinyu

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