Futu News reported on February 20 that Hong Kong stocks weakened again. As of midday trading, the Hang Seng Index fell 0.27%, the Science Index fell 1.17%, and the China Index fell 0.36%.
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By the midday close, Hong Kong stocks had risen 753, down 933, and closed at 1,297.
![](https://postimg.futunn.com/news-editor-imgs/20240220/public/17084018947913797090592.png)
On the sector side, TechNet stocks generally fell, with JD falling nearly 3%, Tencent and Xiaomi falling nearly 1%, and Bilibili, Baidu, Meituan, Ali, and NetEase.
Auto stocks had the highest decline, with Xiaopeng Motor falling nearly 7%, Great Wall Motor falling more than 4%, and BYD shares and Ideal Auto falling about 3%.
Power stocks strengthened against the market. China Electric Power rose more than 4%, Huadian Power and China Resources Electric Power rose more than 3%, and Huaneng Power rose more than 2%.
Petroleum stocks continued to rise, with CNOOC up more than 3%, Sinopec by more than 2%, and CNPC by more than 1%.
Pharmaceutical outsourcing concept stocks rose. Pharma Ming Kangde rose more than 5%, Pharmaceutical Biotech rose more than 2%, and Kanglong Chemical rose nearly 4%.
In terms of individual stocks,$WUXI APPTEC (02359.HK)$With an increase of more than 5%, institutions are optimistic about the company's advantages in the industry and competitive landscape. It is expected that the actual impact of the US bill will be limited.
$CHINA POWER (02380.HK)$With an increase of more than 4%, thermal power operations have improved in 24, and the level of dividends may increase.
$CNOOC (00883.HK)$The increase continued to reach new highs of more than 3%, and institutions expect the company's dividend rate to be around 10% in 2024.
$COSCO SHIP ENGY (01138.HK)$With an increase of nearly 4%, VLCC fares rose sharply during the Spring Festival holiday. Agencies indicate that the tariff center is expected to continue to rise.
Top 20 half-day turnover
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