Futu News On November 8, the three major indices rushed higher and declined. The Hang Seng Index rose 0.24%, the Hengke Index rose 0.56%, and the National Index rose 0.21%.
On the sector side, most science and technology network stocks have risen.Kuaishou and Tencent rose nearly 2%, while Meituan, NetEase, and Baidu rose more than 1%.
Pharmaceutical stocks registered the highest gains.Zaiding Pharmaceutical rose nearly 10%, Pharmaceutical Biotech by more than 5%, Giant Biotech by more than 4%, BeiGene by more than 3%, and Jinsirui Biotech and Rongchang Biotech by more than 2%.
The majority of automobile stocks declined.Xiaopeng Motor fell by more than 4%, Zero Sports by more than 3%, Great Wall Motor by more than 2%, and Ideal Auto followed suit.
Domestic housing stocks strengthened,Country Garden and Sunac China rose more than 4%, Longhu Group rose more than 3%, Vanke Enterprise and Greentown China rose more than 2%.
In terms of individual stocks,$XPENG-W (09868.HK)$Falling about 4%, Ho Xiaopeng responded that “AEB testing is at the bottom”: there are differences in evaluation strategies, and innovation will be steady
$COUNTRY GARDEN (02007.HK)$The increase was more than 4%, and the agency said the marginal decline in real estate sales had narrowed.
$WUXI BIO (02269.HK)$With an increase of more than 6%, Pharmacology Coalition plans to sell about 178 million shares globally.
Editor/Corrine