Hong Kong stocks open higher as Wall Street rebounds

Hong Kong stocks open higher on Thursday, after weaker-than-expected US inflation data spurred a rebound on Wall Street following two days of declines.

The benchmark Hang Seng Index opened 16 points higher at 23,616.

The China Enterprises Index rose 8 points, or 0.1 percent, to 8,690, while the Hang Seng Tech Index gained 22 points, or 0.4 percent, to 5,867.

Li Auto (2015) led gains among Hang Seng Tech Index constituents, rising 2.85 percent to close at HK$115.5, while Bilibili (9626) was the worst performer, falling 0.83 percent to HK$166.8.

STAFF REPORTER