The Hang Seng Index opened with a 1.1% increase to 17,018.98 as of 9.51am local time, while the Hang Seng Tech Index gained 1.8%. Ping An Insurance experienced a 1.5% surge to HK$33.50 due to exceeding estimates in new-business values during the first quarter. Hong Kong Exchanges and Clearings rose 1.2% to HK$233.40 ahead of its earnings report later on Wednesday.