Hong Kong stocks open higher after court blocks Trump tariffs

Hong Kong stocks opened higher on Monday after the US Supreme Court struck down US President Donald Trump's tariff programme.
 
The benchmark Hang Seng Index rose 385 points, or 1.5 percent, to 26,798 points.

The Hang Seng Tech Index increased 1.8 percent to 5,303 points. 

Most tech shares advanced, with Alibaba (9988) rising 2 percent, Tencent (0700) increasing 1.3 percent, and JD.com (9618) going up 2.1 percent. 

NetEase (9999) jumped 5.2 percent at the opening trading, marking the best performance among blue chips.

However, Zhipu AI (2513) and MINIMAX (0100) slid after their previous strong gains in the last trading day, dropping 13 percent and 10 percent, respectively.