Zhitong Financial APP learned that the Hang Seng Index opened up 102.91 points, or 0.39%, at 26234.94. The index of state-owned enterprises rose 0.37% to 9356.12. The red chip index rose 0.24% to 3922.96. The turnover was 2.309 billion Hong Kong dollars before the big market.
Us stocks rose overnight, with the Dow up 0.18% at 35741.15, the S & P 0.47% at 4566.48, a new all-time high, and the Nasdaq up 0.9% at 15226.71. New energy vehicle stocks rose sharply, Tesla, Inc. rose 12.7%, the market capitalization exceeded US $1 trillion, and the stock price stood above US $1000 for the first time.
In terms of blue chip, Li Ning Co. Ltd. (02331) released the latest operation status and same-store sales performance in the third quarter of 2021. Calculated on the basis of Li Ning Co. Ltd. 's point of sale which was put into operation at the beginning of the same quarter last year (excluding Li Ning Co. Ltd. YOUNG), the same-store sales of the whole platform increased by 20% and 30% year-on-year in the third quarter up to September 30, 2021. As far as the channel is concerned, the retail (direct operation) channel achieved 30% of the low-end growth of 30%, and the wholesale (franchisee) channel achieved 20% of the 30% growth in the middle, and the e-commerce virtual store business grew by 30% and 40% on a year-on-year basis. The stock opened 4.04% higher at HK $95.25 in morning trading.
For other blue chips, HSBC Holdings PLC (00005) rose 1.28%, Wuxi Biologics (02269) rose 0.85%, and BABA-SW (09988) fell 0.57%.
In terms of hot stocks, Byd Company Limited (01211) announced the progress of the listing of BYD Semiconductor Co., Ltd., a subsidiary of BYD Semiconductor Co., Ltd. on the Shenzhen Stock Exchange on October 22, 2021, the company received a reply from the Hong Kong Stock Exchange on the divestment and a letter of exemption from the quota guarantee. The stock opened 5.35% higher at HK $319.00 in morning trading.
Liwen Chemical (00746) announced that on October 25, 2021, Liwen International, a wholly owned subsidiary of the company, signed a project agreement with the Ruichang municipal government to develop chemical business in Ruichang City, Jiangxi Province. According to the project agreement, Liwen International intends to invest in the production of high-end fluoropolymers and new materials for lithium batteries. The proposed production scale of the project is 20, 000 tons of polyvinylidene fluoride (PVDF), 10, 000 tons of lithium hexafluorophosphate (LiPF6), and 50, 000 tons of hydrogen fluoride. The stock opened 14.89% higher at HK $9.18 in morning trading.
Shanghai Fudan (01385) announced that the group expects to achieve a net profit of about 388 million yuan (the same as below) attributable to the owner of the parent company in the third quarter ended September 30, 2021, compared with about 106 million yuan in the same period in 2020. a substantial increase of about 282 million yuan or about 266%. The stock opened 12.94% higher at HK $24.00 in morning trading.