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The Hang Seng Index rose 0.2 per cent to 27,246.18 at the open, adding to the 0.6 per cent gain recorded on Tuesday. The Hang Seng Tech Index climbed 0.2 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were little changed.
Wuxi Biologics jumped 3.6 per cent to HK$41.44 after reporting a nearly 22 per cent rise in net profit, beating market expectations. Techtronic Industries rose 1.8 per cent to HK$116.40, and Innovent Biologics surged 1.4 per cent to HK$90.90. Short-video sharing platform Kuaishou Technology added 1.4 per cent to HK$71.35, and blind-box toymaker Pop Mart International advanced 1.3 per cent to HK$273.20.
Chinese chipmaker SMIC lost 2.4 per cent to HK$69.85 after fourth quarter net income missed estimates. WeChat operator Tencent Holdings slid 1.5 per cent to HK$543, and online travel-booking agency Trip.com declined 1.5 per cent to HK$442.
Hong Kong stocks will trade for only half a day on Monday before closing for the holiday, reinforcing near-term calendar effects on market moves. The benchmark typically sees lighter volumes and a positive bias ahead of the holiday, as traders square positions and selectively add exposure before the break.
Two stocks debuted on Wednesday. Wuxi Lead Intelligent Equipment added 1 per cent to HK$46.26 in Hong Kong, and Isvision (Hangzhou) Technology advanced 8 per cent to 100 yuan in Shanghai.
