Futu News reported on January 29 that the three major indices rose collectively. As of press release, the Hang Seng Index had risen 1.06%, the Coke Index had risen 0.93%, and the National Index had risen 1.13%.
On the sector side, TechNet stocks rose collectively, with JD rising more than 3%, Baidu and Ali rising nearly 2%, and Kuaishou, Meituan, and Tencent followed suit slightly.
Domestic housing stocks and property management stocks joined hands to rise. Longguang Group rose more than 6%, Poly Property rose more than 5%, Sunac China rose nearly 5%, and CNOOC Properties rose more than 4%.
Auto stocks had mixed ups and downs. NIO rose more than 4%, Ideal Auto rose more than 1%, BYD shares fell more than 2%, and Zero Sports Auto fell more than 3%.
In terms of individual stocks, Evergrande$EVERGRANDE (03333.HK)$,$EVERG VEHICLE (00708.HK)$,$EVERG SERVICES (06666.HK)$Trading was suspended during the session. According to Hong Kong media reports, the Hong Kong court issued a winding-up order against China's Evergrande.
$CHINA TOWER (00788.HK)$With a rise of more than 6%, leading the rise in Chinese concept stocks, Damo believes that the improvement in returns in the telecommunications industry this year has been highly praised, and reaffirms its attractive views.
$WUXI BIO (02269.HK)$It continued to fall by more than 2%. The company previously clarified that the draft bill described the company's CEO and executive director Chen Zhisheng's experience as misleading.
Editor/Somer