HK shares back to 26,000 level at the opening

Hong Kong stocks opened higher on Friday, back to the 26,000 level, as major tech names stabilized.

The benchmark Hang Seng Index inched up 65 points, or 0.25 percent, to 26,011.

The China Enterprises Index inched up by 0.34 percent to 9,196, and the Hang Seng Tech Index increased by 0.43 percent to 5,622.

Alibaba (9988), JD.com (9618), and Baidu (9888) rose 0.8 percent, 0.5 percent, and 0.6 percent, respectively.

Meituan (3690) also edged up 0.5 percent before posting its results within the day.

Besides, Hebei Haiwei Electronic New Material Technology (9609) dived 5.5 percent at the opening on its debut day.