Hong Kong stocks rise at open after China unveils AI guidelines

Hong Kong stocks opened higher on Wednesday after China’s government released guidelines to deepen the use of artificial intelligence across sectors, with technology shares broadly steady.

The benchmark Hang Seng Index rose 101 points, or 0.4 percent, to 25,626 at the open, with turnover at HK$10.5 billion.

The China Enterprises Index added 0.37 percent to 9,181, while the Hang Seng Tech Index gained 0.55 percent to 5,814.

Tencent Holdings (0700) gained 0.6 percent, Alibaba Group (9988) and Meituan (3690) were little changed, while Xiaomi (1810) rose 0.75 percent and JD.com (9618) was flat.

STAFF REPORTER