Futu News reported on March 8 that the three major indices of Hong Kong stocks rose more than 1%. As of noon trading, the Hang Seng Index rose 1.18%, the Science Index rose 1.26%, and the National Index rose 1.25%.
By the midday close, Hong Kong stocks had risen 1,091, down 619, and closed at 1,278.
On the sector side, the majority of TechNet stocks rose. NetEase rose more than 3%, Xiaomi rose nearly 3%, Alibaba and Kuaishou rose more than 1%, Baidu rose nearly 1%, and Tencent and Meituan rose slightly.
Auto stocks improved. Xiaopeng, Great Wall, and Zero Sport rose more than 3%, NIO rose nearly 3%, Geely rose more than 1%, and ideals rose slightly.
Domestic housing stocks and property management stocks joined forces to rise. Country Garden rose more than 3%, China Overseas Development, Sunac China, Country Garden Services, and Vanke enterprises rose more than 1%, and China Resources Land rose nearly 1%.
Major financial stocks generally rose. Prudential rose more than 3%, AIA, China Ping An, and Bank of China rose more than 2%, Huatai Securities rose nearly 2%, and CCB rose more than 1%.
CRO concept stocks collectively picked up, with Pharmaceuticals up 4%, Kanglong Chemical up nearly 4%, Pharmaceuticals up more than 3%, Tiger Pharmaceuticals up more than 2%, and Kingsley Biotech up more than 1%.
Semiconductor stocks strengthened, with Shanghai Fudan up nearly 9%, Huahong Semiconductor up more than 3%, and SMIC up nearly 2%.
On the other side, PV stocks rose sharply; Hong Kong retail stocks continued to rise; three barrels of oil continued to rise; heavy truck stocks bucked the trend; education stocks, coal stocks, and gambling stocks generally showed poor performance.
In terms of individual stocks,$WUXI BIO (02269.HK)$It rose more than 3%, once again denying that the company poses a risk to the national security of the US or other countries.
$XIAOMI-W (01810.HK)$With an increase of nearly 3%, Lei Jun said preparations are being made for the final sprint for the launch of Xiaomi cars. Technological innovation is the core driving force.
$BILIBILI-W (09626.HK)$It fell more than 2%. Net revenue for the fourth quarter of 2023 fell short of expectations, and game revenue for 2023 fell 20% year on year.
$AAC TECH (02018.HK)$An increase of more than 6%. Ideal MEGA is equipped with PSS car speakers as standard. Ruisheng previously completed the acquisition of 80% of PSS's shares.
$WH GROUP (00288.HK)$With an increase of more than 4%, the Ministry of Agriculture introduced a pig production capacity regulation plan, and pig production capacity is expected to continue to decline.
Top 20 half-day turnover
editor/tolk