Zhitong Financial APP learned that the Hang Seng Index opened up 274.84 points, or 1.09%, at 25522.83. The index of state-owned enterprises rose 1.52% to 9186.07. The red chip index rose 1.14% to 3861.31. The turnover was 5.788 billion Hong Kong dollars before the big market.
Overnight, u.s. stocks were mixed, with the Dow down 0.44%, the s & p 500 up 0.06% and the Nasdaq up 0.52%. China's e-commerce shares rose collectively, with JD.com up more than 8%, Pinduoduo up more than 7%, and BABA more than 2%.
In terms of blue chips, Meituan-W (03690) opened 2.62% higher at HK $289.8, with a contribution index of 61.58 points. For other blue chips, Tencent (00700) rose 2.14%, ANTA Sports Products (02020) rose 2.9%, and Wuxi Biologics (02269) rose 1.99%.
In terms of hot stocks, Hongcheng Environmental Technology (02265) will be listed in Hong Kong today. By the close, dark trading showed an offer of HK $1.03, up 0.98% from HK $1.02. It is reported that the company is a gold mine hazardous waste treatment company rooted in Shandong Province, China, focusing on the treatment of gold mine hazardous waste, and recovering and extracting economically valuable resources for sale. The company has two production facilities strategically based in Laizhou City, Shandong Province, where gold reserves rank first among county-level cities in the country. The stock opened 1.96% higher at HK $1.04 in morning trading.
Poly Xiexin Energy (03800) issued an announcement about the company's silane fluidized bed (FBR) granular silicon to increase production capacity. Jiangsu Zhongneng Silicon Industry Technology Development Co., Ltd., a subsidiary of Jiangsu Zhongneng Silicon Industry Technology Development Co., Ltd., has completed its infrastructure construction at the end of October 2021. After rigorous equipment testing and related system commissioning, it was officially put into production on November 10th, 2021. The stock opened 5.49% higher at HK $2.88 in morning trading.
Dongyang Sunshine announced that the company intends to sell 226 million domestic shares of Dongyang Guangyao (01558) to Guangzhou Pharmaceutical and 226 million H shares of Dongyang Guangyao "fully circulated" shares to Hong Kong Dongguang, a wholly owned subsidiary of Guangzhou Pharmaceutical. A total of 452 million shares are proposed to be transferred, accounting for about 51.41 per cent of the total share capital of Dongyang Guangyao. After friendly negotiation, it is determined that the trading price of Dongyang Guangyao shares in this transaction is 3.723 billion yuan. As a result, Dongyang Guangyao is valued at about 7.2 billion. Dongyang Guangyao (01558) opened 8.78% higher at HK $5.70 in early trading.