Hong Kong-listed internet names moved higher on Aug. 3, with the sector opening strong and extending gains during the session. Market data cited by PANews showed Alibaba rising more than 5%, while East Buy gained 3.92%. Baidu Group-SW was up 3.78%, Kuaishou-W added 3.66%, Tencent Holdings rose 2.69%, and Bilibili-W climbed 2.37%. Meituan-W and Alibaba Health also traded higher. The Huabao Hong Kong Internet ETF (513770), which is heavily allocated to leading internet companies, rose 2.37%. PANews said the information was provided for market updates only and did not constitute investment advice.
Hong Kong-listed internet stocks opened higher and kept rising on Aug. 3, according to market data cited by PANews. Alibaba was up more than 5%, while East Buy gained 3.92%.
Baidu Group-SW rose 3.78%, Kuaishou-W added 3.66%, Tencent Holdings gained 2.69%, and Bilibili-W climbed 2.37%. Meituan-W and Alibaba Health also moved higher.
The Huabao Hong Kong Internet ETF (513770), which has heavy exposure to leading internet companies, rose 2.37%.
PANews said the content was for market information only and did not constitute investment advice.
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