Hong Kong stocks rose at Thursday's close following Wall Street's record close overnight fueled by a tech rally, along with another batch of US jobs data furthering hopes that the US Federal Reserve may cut Interest rates this year.
The Hang Seng Index rose by 0.28%, or 51.84 points, to close Thursday's session at 18,476.80. The Hang Seng China Enterprises Index rose by 0.19%, or 12.59 points, to close at 6,555.06.
In corporate news, Goldstream Investment (HKG:1328) entered into a non-binding strategic cooperation memorandum with SenseTime Group on June 4 regarding collaboration in AI and financial system development and mutual assistance to each other, sending the company's shares ballooning over 151% on Thursday's close.
Dickson Concepts (International) (HKG:0113) anticipates a 38% year-over-year increase in net profit attributable to shareholders for the 12 months ended March 31. The company shares rose over 4% on Thursday's close.
Shandong Hi-Speed New Energy Group (HKG:1250, SHA:600350) issued the third tranche of 1 billion yuan ultra-short-term bonds for the year. The company's share fell over 2% on Thursday's close in Hong Kong.