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<H Shrs>HSI Leaps 206 pts at Midday as Big Techs, Casinos Gain
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The HSI hiked 206 points or 1.1% to 18,413 at midday. The HSCEI climbed 82 points or 1.3% to 6,520. The HSTECH picked up 80 points or 2.1% to 3,945. Total half-day turnover for the market amounted to $68.958 billion.

Major techs rose. BABA-SW (09988.HK) leaped 3.5% to $78.75, while TENCENT (00700.HK) and MEITUAN-W (03690.HK) added 0.8% and 0.2%. XIAOMI-W (01810.HK) jumped 2.6%, while NTES-S (09999.HK), BIDU-SW (09888.HK), JD-SW (09618.HK) and KUAISHOU-W (01024.HK) mounted 3.5-4.5%. BILIBILI-W (09626.HK) elevated 6.1%.

Related NewsUOB Kay Hian Raises TP of BABA-SW (09988.HK) to $98, Rates Buy
For other techs, SENSETIME-W (00020.HK) and WEIMOB INC (02013.HK) cascaded 4.8% and 5%, while handset parts stock SUNNY OPTICAL (02382.HK) increased 2.6%. Automakers LI AUTO-W (02015.HK) and XPENG-W (09868.HK) swelled 2.7% and 4.2%.

Macau's average daily visitor arrivals inclined 39% YoY on the first 2 days of the May Day Golden Week. Casinos GALAXY ENT (00027.HK), SANDS CHINA LTD (01928.HK) and WYNN MACAU (01128.HK) elevated over 2%, while MGM CHINA (02282.HK) rallied 6.8%.
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