Hong Kong Stock Market Review: The Hang Seng Index's First Day of the Second Quarter Meets a Red Start, with Oil and Bank Stocks Strong All Day

On April 2nd, it was reported that after the Easter holiday, the Hong Kong stock market had a good start on its first trading day in April. The Hang Seng Index opened nearly 300 points high in the morning and rose over 450 points, breaking through the 10000 mark. In the afternoon, the Hang Seng Index fluctuated and fell, with gains narrowing to 300 points, while the Hang Seng Technology Index fell by less than 2%. As of the close, the Hang Seng Index rose 2.38% to close at 16931.52 points; The Hang Seng Technology Index rose 1.89% to close at 3543.12 points. As of today's close, the trading volume of the Hang Seng Index was HKD 144.84 billion (the previous trading day's trading volume was HKD 115.609 billion). On the market, oil and banking stocks were strong throughout the day, while mobile game stocks performed poorly. In terms of individual stocks, Xiaomi Group (01810. HK) rose 8.97%, China National Petroleum Corporation (00857. HK) rose 6.73% to a nine-year high, Bank of China Hong Kong (02388. HK) rose 9.55%, and NetEase (09999. HK) fell 6.88%.