Futu News reported on November 28 that the three major indices of Hong Kong stocks declined. The Hang Seng Index and the National Index fell 0.6% and 0.72% respectively, and the Hang Seng Technology Index fell 0.31%.
By the midday close, Hong Kong stocks had risen 627 shares, down 952 shares, and closed 1,390 shares.
Sector-wise, the rise and fall of Internet stocks varied. Kuaishou fell more than 4%, Meituan fell more than 3%, Ali fell nearly 2%, Tencent and JD followed suit, and Xiaomi rose more than 3%.
Apple concept stocks strengthened again. Ruisheng Technology rose nearly 8%, Qiutai Technology rose nearly 7%, Gaowei Electronics rose more than 6%, and Shunyu rose more than 4%.
Some biotech stocks continued to rise. Saisheng Pharmaceutical rose nearly 7%, Kangzhe Pharmaceutical rose more than 6%, Rongchang Biotech rose nearly 5%, and Kangfang Biotech rose more than 4%.
Most education stocks have pulled back. China Education Holdings has plummeted by more than 18%, China Oriental Education has fallen by more than 5%, and it is hoped that education will fall by more than 2%.
The domestic housing stock market opened higher and lower. Ocean Group fell 5%, Xuhui fell more than 4%, Vanke fell 2%, and Country Garden and Longhu Group fell more than 1%.
Other than that, short video concept stocks had the highest declines, while aviation stocks, gas stocks, photovoltaic stocks, lithium battery stocks, and gaming stocks fell one after another. Some semiconductor stocks rose, and the leading stock SMIC rose more than 2%.
In terms of individual stocks,$XIAOMI-W (01810.HK)$With an increase of more than 3%, Guojun gave Xiaomi the “increase in holdings” rating for the first time, indicating that its revenue had returned to positive growth, giving it a target price of HK$19.1.
$AAC TECH (02018.HK)$The increase of nearly 8% led the Apple concept. Vision Pro will soon be mass-produced, and the proportion of the mainland supply chain may increase to 60%.
$AKESO (09926.HK)$The increase was more than 4%, construction of global R&D centers began, and Cardonil's first-line treatment of cervical cancer phase III research reached the main end point of PFS.
$TVB (00511.HK)$The increase was nearly 3%, and it was announced that the television broadcasting and e-commerce business would be restructured, and that more than 300 employees would be laid off.
$SENSETIME-W (00020.HK)$Diving fell by more than 5%, and the US shorting agency Grizzly said it was artificially inflating revenue.
$CHINA EDU GROUP (00839.HK)$After the performance, it fell by more than 18%, investment in teaching increased, and the final dividend was narrower than last year.
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