STOCKS | Hong Kong Stocks Open Higher as Kuaishou Jumps After Capitalization Update

Hong Kong stocks opened higher, with the Hang Seng Index up 0.81% and the Hang Seng Tech Index up 0.76%. According to Jin10, Kuaishou Technology (01024.HK) rose 6.24% at the open after the company announced the previous day that it would split off Kling for independent capitalization, and investors agreed to inject $3 billion into Kling.