Futu Information on August 18 | the three major indices of Hong Kong stocks collectively weakened, with the Hang Seng Index down 0.63% at midday, the Hang Seng Index down 0.87% and the State-owned Enterprises Index down 0.64%.

By midday's close, Hong Kong stocks were up 452, down 1083, to close flat at 1364.

In the sector, most of the large technology stocks fell.Bilibili Inc. fell more than 4 per cent, Baidu, Inc. fell more than 3 per cent, Tencent rose more than 3 per cent, BABA fell nearly 2 per cent, Kuaishou Technology fell more than 2 per cent, JD.com fell nearly 2 per cent and NetEase, Inc fell more than 1 per cent.

Beer stocks rose generally.China Resources Beer rose by more than 3%, Tongtian wine industry by more than 3%, Tsing Tao Beer by more than 2%, and Budweiser Brewing Company APAC Limited by nearly 2%.

Power stocks roseHuadian International Power rose by more than 3%, China Resources Power Holdings by more than 2% and CLP Holdings Limited by nearly 1%.

Auto stocks fell.Great Wall Motor fell more than 4 per cent, NIO Inc. more than 4 per cent, Geely Automobile 3 per cent, Li Auto Inc. more than 2 per cent, XPeng Inc. more than 2 per cent and Byd Company Limited more than 1 per cent.

Home appliance stock callbackJS Global Lifestyle Company Limited fell by more than 3 per cent, Techtronic Industries by nearly 2 per cent and Haier Smart Home by more than 2 per cent.

Bank stocks generally fell.Hang Seng Bank fell more than 2 per cent, China Merchants Bank fell more than 2 per cent, BOC Hong Kong (Holdings) Limited fell more than 1 per cent, Industrial and Commercial Bank of China fell more than 1 per cent, and HSBC fell more than 1 per cent.

Other aspectsMobile game stocks, beer stocks and semiconductor stocks rose, while education, tourism, inner rooms, sporting goods, batteries and other sectors fell one after another.

Individual stocks$Tencent (00700.HK) $It's up more than 3%.Tencent released its financial results for the second quarter of 2022 on Aug. 17, with a number of banks saying that the results were in line with expectations or expectations and maintained their original ratings. Motors believes that despite the unfavorable business environment, Tencent's efficiency improvement measures still led to its strong profit growth in the second quarter and maintained its "overweight" rating.

Shanghai Fudan (01385.HK) $Up more than 7%.On the news side, Fudan in Shanghai recently announced that the group achieved operating income of 1.702 billion yuan in the first half of 2022, an increase of 50.83 percent over the same period last year, while the net profit belonging to shareholders of listed companies was 531 million yuan, an increase of 172.99 percent over the same period last year. A number of institutions have given a "buy" rating, Everbright overseas published a research report that Shanghai Fudan has effectively filled the gap of domestic high-end FPGA, and has been in the stage of accelerating volume in the past two years, effectively further seizing the domestic market under the tide of domestic substitution.

$Gao Wei Electronics (01415.HK) $It's up more than 4%.On the news side, Gao Wei Electronics said in its performance outlook that the company will actively layout new optical tracks such as LiDAR and AR/VR to occupy the first-mover advantage and serve as an important momentum for the next stage of growth.

$Country Garden Holdings (02007.HK) $It fell by more than 5%.In news, Country Garden Holdings issued a profit warning announcement showing that in the first half of 2022, the company's core net profit ranged from about 4.5 billion yuan to 5 billion yuan, down from 15.2 billion yuan in the same period last year to 70.39%. The net profit attributable to shareholders ranges from about 200 million yuan to 1 billion yuan, compared with 15 billion yuan in the same period last year.

Half-day turnover TOP20