Futu News reported on January 24 that the three major indices were collectively higher. As of press release, the Hang Seng Index had risen 1.72%, the Science Index had risen 2.34%, and the National Index had risen 2.01%.

On the sector side, TechNet stocks rose collectively. Alibaba, NetEase, and Baidu rose about 5%, Meituan rose nearly 4%, Kuaishou and JD rose more than 3%, and Tencent rose nearly 2%.

Auto stocks weakened collectively. Great Wall Motor fell more than 7%, Zero Sports Auto fell nearly 7%, Xiaopeng Motor fell more than 4%, and Ideal Auto fell more than 2%.

Real estate and property management stocks rose. Hejing Taifu, China Resources Vientiane, and Country Garden Services rose more than 2%, while China Resources Land and Sunac China followed suit.

Sporting goods stocks strengthened. Li Ning and Tep rose nearly 4%, while Anta, Taobo, and 361 rose more than 2%.

In terms of individual stocks,$BABA-SW (09988.HK)$It opened more than 6% higher in early trading. As of press time, the stock had risen more than 5%. According to the news, Ma Yun and Cai Chongxin increased their holdings significantly, and the group bought back nearly 900 million shares last year.

$NTES-S (09999.HK)$The increase was more than 5%. The media said that the State Press and Publication Administration removed the link to the “Measures for the Administration of Online Games (Draft for Comments)”.

$COSCO SHIP ENGY (01138.HK)$It rose more than 3%, and net profit is expected to increase by about 112.18% to 166.94% year on year last year.

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