Hong Kong stocks opened higher and fell lower. The Hang Seng Index closed down 0.39% at 26028 points at midday, with a half-day turnover of HK $61.54 billion and the Hang Seng Technology Index down 1.45%.

By the close of midday, Hong Kong stocks were up 618 today, down 1071 to close flat at 1147.

Plate aspectInner housing stocks continued to fall, with Sunac China down nearly 9%, Hejing Pacific Group down 8.5%, Hopson Development down 7.77%, China Evergrande Group down nearly 6% and Vanke down more than 5%.

Property stocks followed the decline of inner housing stocks, with Evergrande Property Services and Aoyuan Health down 5%, Xuhui Yongsheng Service down 3.65% and Shimao Service down 3%.

New energy sourcesCar plateIt rose sharply, with XPeng Inc. up more than 11% and Li Auto Inc. up nearly 7%.

Beer shares were among the top gainers, with Tsingtao Brewery up nearly 8 per cent, Budweiser Brewing Company APAC Limited nearly 6 per cent and China Resources Beer nearly 5 per cent.

Gaming stocks rose, Sands China rose more than 4 per cent, and Wynn Macau, Galaxy Entertainment and SJM Holdings rose nearly 3 per cent.

Individual stocks$Byd Company Limited (01211.HK) $It rose 3.63%, and it is reported that the price of BYD battery will increase by at least 20% from November 1.

$Li Ning Co. Ltd. (02331.HK) $The increase narrowed to 1.58%. At one point, it rose more than 6% in intraday trading. In the third quarter, platform-wide same-store sales recorded an increase of 25% and 30%, while running water recorded an increase of 40%, 55%.

Yanzhou Coal Co., Ltd. (01171.HK) $The decline of nearly 5% led coal stocks lower, and Xiaomo said the worst of the coal shortage was over and downgraded two coal stocks.

$Alibaba Health Information Technology (00241.HK) $With a drop of more than 9%, the company is expected to lose up to 320 million yuan in the first half of the year.

$Tsingtao Brewery (00168.HK) $It has risen nearly 8%, and the price increase is expected to continue to spread.

$Lijin Technology (00558.HK) $It has soared by more than 16%, and the agency says integrated die-casting is expected to trigger a technological revolution in the automotive industry.

$Yongda Motor (03669.HK) $After the performance, the net profit rose nearly 5%, and the net profit in the third quarter increased by 31.4% compared with the same period last year to 631 million yuan.

$Ganfeng Lithium (01772.HK) $Rising by more than 2%, CITIC said Yabao's expansion would have a limited impact on the lithium market in 2022.

Shanghai Fudan (01385.HK) $It soared by more than 11%, and the net profit of returning home in the third quarter is expected to be about 388 million yuan, an increase of 266% over the same period last year.

$New Oriental Education & Technology Group online (01797.HK) $跌0.6%，$New Oriental Education & Technology Group-S (09901.HK) $Down 3.63%, New Oriental Education & Technology Group announced online yesterday that it would stop operating out-of-school training services for compulsory education in mainland China.

JPMorgan Chase & Co: up-regulation$Li Ning Co. Ltd. (02331.HK) $The target price is increased to HK $105.

JPMorgan Chase & Co published a research report that although the mainland consumer market is still weak, the removal rate of retail sales of Li Ning Co. Ltd. (02331.HK) increased to about 40% in the third quarter, exceeding market expectations of 30% to 35%, while discounts, inventory, account structure and sales rate have all improved year on year, which is encouraging. The bank pointed out that Li Ning Co. Ltd. achieved positive growth during the National Day Golden week in October, and the sales trend has further accelerated. Since October, the sales trend has been stable. It is believed that Li Ning Co. Ltd. is expected to meet the annual growth guidance, with sales growth of more than 40% and net profit margin of 16% to 17.5%. Motors believes that Li Ning Co. Ltd. brand value will be further released, coupled with the continued improvement in efficiency and confidence in long-term structural growth, Li Li Ning is the first choice for China's sportswear industry, giving an overweight rating, with the target price rising from HK $94 to HK $105.

UBS: up-regulation$Kuaishou Technology-W (01024.HK) $Target price to HK $140, rating buy.

According to a research report released by UBS, Kuaishou Technology's daily active users (DAU) and monthly active users (MAU) growth performance in the third quarter is in line with expectations, reflecting the ability to retain the core user base against competitor Douyin, and is expected to improve in the second half of the year compared with the first half. UBS said the data showed that Kuaishou Technology's user engagement had increased, mainly from film content investment during the period, including skits and Olympic-related insiders, as well as algorithm adjustments. Kuaishou Technology's advertising revenue is expected to grow by 101 per cent this year. The bank pointed out that due to reduced marketing and regulatory factors in the education and gaming sectors, the increase in advertising loading rate may offset the lower cost of 1000 displays (eCPM), leaving the GMV forecast at 664 billion yuan in 2021 and finding Kuaishou Technology's valuation attractive, equivalent to 3 times the forecast price-to-sales ratio in 2022, while the industry average is about 4 times, with a buy rating, raising the target price from HK $104 to HK $140.

CICC: the first$Helens (09869.HK) $Outperform the industry rating with a target price of HK $24.

CICC released a research report, giving 09869.HK an industry rating that outperformed for the first time, with a target price of HK $24. According to the report, the company is a leading bar operator in the mainland and is especially popular with the younger generation; it is expected to earn 4 cents per share this year, 55 cents next year, and an average annual compound growth rate of 216 percent between 2020 and 2022. As a leader in the fast-growing bar industry, with operating scale, the company is expanding rapidly. According to the report, the company should be valued at 37 times next year's forecast earnings, with a target market capitalization of HK $30.4 billion.

Half-day turnover TOP20