Futu News reported on December 8 that the three major indices of Hong Kong stocks rushed higher and declined. As of press release, the Hang Seng Index was down 0.33%, the Science Index was down 0.77%, and the National Index was down 0.55%.

On the sector side, Internet stocks had mixed ups and downs. Tencent fell more than 2%, Meituan and Xiaomi fell by more than 1%, and Baidu and Station B rose nearly 1%.

Auto stocks declined. Xiaopeng Motor and NIO fell by about 5%, Ideal Auto by more than 4%, and Great Wall Motor and Geely Automobile by about 3%.

Pharmaceutical stocks fluctuated and declined. Connaught fell by more than 5%, Pharmaceuticals Biotech by nearly 3%, and BeiGene fell by more than 2%.

Oil and gas stocks rose against the market. CNOOC rose nearly 2%, CNPC and Sinopec followed suit, and Pudat Technology rose more than 6%.

In terms of individual stocks,$EAST BUY (01797.HK)$With an increase of nearly 5%, the app officially launched cultural tourism products, and Douyin cooperation has progressed.

$XPENG-W (09868.HK)$It fell by more than 5%, and the car companies' year-end price war escalated again. Agencies indicate that the price pressure on the industry will still be strong next year.

$MICROPORT (00853.HK)$It fell by more than 4% and fell by 35% this week. The company issued interest-bearing bonds in exchange for zero-interest convertible bonds.

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