Futu News reported on March 20 that the three major Hong Kong stock indices opened low. As of press release, the Hang Seng Index fell 1.97%, the Hang Seng Technology Index fell 1.97%, and the State-owned Enterprises Index fell 1.71%.

On the sector side,Most of Science Network's stocks fell, with Bilibili and Jingdong falling about 3%, Ali and Meituan falling more than 2%, Xiaomi and Tencent falling more than 1%, and Baidu rising more than 2%.

Infrastructure stocks registered the highest gains. China Alcoa International rose nearly 4%, China Railway Construction rose nearly 3%, and China Communications Construction rose more than 2%.

Non-ferrous metals stocks strengthened against the market. China Gold International and Lingbao Gold rose more than 8%, Zhaojin Mining rose more than 7%, and Zijin Mining and Shandong Gold rose more than 4%.

Coal stocks rose. China's Shenhua, Yitai Coal, China Coal Energy, and Yankuang Energy rose by about 1%, and Mongolian coke followed suit.

Biotech stocks fell, with Genting Xinyao falling nearly 12%, Jinsirui Biotech falling nearly 6%, and Yao Ming Biotech and Kangfang Biotech falling more than 5%.

In terms of individual stocksInternational gold prices are approaching the $2,000 mark, and gold stocks have gone up against the market.$ZHAOJIN MINING (01818.HK)$An increase of over 7%.

$CHALIECO (02068.HK)$An increase of more than 5% led infrastructure stocks. According to the news, infrastructure investment is expected to continue to rise high, and multiple factors will catalyze valuation repairs.

$HSBC HOLDINGS (00005.HK)$It fell 4%. According to the news, UBS merged with Credit Suisse, and the market continues to pay attention to the European and American banking crisis.

$LI NING (02331.HK)$Another drop of more than 4%. The company's net profit last year increased slightly by 1.32% year on year, and this year's performance guidelines declined sharply.

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