Source: Hong Kong Zhiyuan

Hong Kong stocks rose sharply on Thursday, continuing to make up for last week's low opening gap. The vast majority of blue-chip stocks closed higher, and the weighted stock Tencent performed brilliantly, surging 5.8% throughout the day, leading the market strongly. Other sectors such as gaming, telecommunications, and domestic housing also rose sharply. The two major sectors, pharmaceuticals and biotechnology, closed down.Chinese BiopharmaceuticalsIt bucked the market and led a decline of 3.76%. The Hang Seng Index opened high in early Thursday trading and declined rapidly. After receiving support, the Hang Seng Index gradually rebounded. It closed at 26103 points, up 448 points, or 1.75%, and traded about HK$86.375 billion.

Overnight, US stocks opened lower and moved higher, and closed well across the board. The NASDAQ surged 1.72%, the index ended five consecutive declines, closed up more than 1%, and the Dow rose more than 200 points. Retail sales in the US increased 0.8% month-on-month in October, higher than the expected 0.5%, indicating that the US economic situation is still relatively optimistic. Mainland A-shares opened low and high on Thursday. They continued to rise during the day, closing more than 1% higher. Military and brokerage stocks led the market. Investors' confidence in entering the market was growing, and the time for a change in the A-share market is getting closer and closer.

Tencent Holdings(0700.HK) announced its third quarter results on Wednesday evening. Tencent's total revenue for the third quarter was RMB 80.595 billion, up 24% year on year, and net profit attributable to shareholders was RMB 23.333 billion, up 30% year on year, and performance exceeded market expectations. The stock opened high on Thursday and closed at HK$288, up 5.8%, and traded approximately HK$13.05 billion. Recently, Tencent Holdings has been fluctuating repeatedly at a low level. Due to its impressive performance in the third quarter, Tencent opened a sharp increase of more than 4% in early trading on Thursday, then turned upward again after the opening and retesting. Closing gains expanded, soaring nearly 6% during the day, and trading volume also cooperated well. It may continue to rise in the future. We can focus on opportunities to follow the trend and create more. If you are optimistic about Tencent's future market, pay attention to its 25167 subscription license, with an exercise price of HK$370.88, which expires in early March next year. At the same time, investors should be reminded that investing in warrants (or bullish securities) is extremely risky and can lead to a total loss of principal.