Hong Kong stocks open higher

Hong Kong stocks opened higher on Friday, tracking the performance of the overnight US market.

The benchmark Hang Seng Index rose 258 points, or 1.08 percent, to 24,321 points.

The tech gauge increased by 1.59 percent to 4,125 points.

Biotech shares led the gains. BeOne Medicines (6160) and Innovent Biologics (1801) jumped over 4 percent, marking the two largest gains among blue chips.

Tech heavyweights Tencent (0700) and Alibaba (9988) climbed 1.5 percent and 2.3 percent, respectively.

Supported by the gold price hike, Zijin Mining (2899) also opened 1.5 percent higher.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓