According to Futu News on August 5, Hong Kong stocks opened high and left low today. as of press time, the Hang Seng Index fell 0.15%, the Hang Seng Technology Index fell 0.02%, and the State-owned Enterprises Index fell 0.22%.
Most of the science and Internet stocks are weak.Tencent and BABA fell by more than 2%, Kuaishou Technology fell by more than 1%, JD.com and Meituan fell slightly, and Bilibili Inc. rose slightly.
Pharmaceutical stocks rose collectively.BeiGene, Ltd. rose nearly 10%, Kangfang Biology and Keji Pharmaceutical rose more than 7%, and Zai Lab Limited rose more than 5%.
Some auto stocks rose.XPeng Inc. rose nearly 4%, NIO Inc. rose more than 2%, and Great Wall Motor rose slightly.
Inner housing stocks pull upXuhui holding Group rose by more than 8%, Metro Development by more than 6%, and R & F Real Estate by more than 3%.
Property management stocks rose.Xuhui Yongsheng service rose nearly 10%, Jinke service rose more than 8%, and Sunac Services rose more than 5%.
Individual stocks$BABA-SW (09988.HK) $After the performance, it fell by nearly 3%, and the turnover exceeded HK $1.7 billion. After the results were announced, CICC issued a research report to maintain its "outperform industry" rating, with a target price of HK $137.
$INNOVENT BIO (01801.HK) $At one point, it rose by more than 10%, but now it has risen by more than 6% as of press time. On the news side, the company has reached a multi-project strategic cooperation and licensing agreement with Sanofi Group, and will be invested in Sanofi at a premium of 600 million euros.
Hua Hong Semiconductor (01347.HK) $led chip stocks up, and is now up more than 4%. The agency said that the localization of the domestic semiconductor industry is expected to accelerate.
$BeiGene, Ltd. (06160.HK) $After the performance soared nearly 10%, the company achieved outstanding results in the first half of 2022, with product revenue of US $566.1 million, an increase of 131.3% over the same period last year.
Edit / somer