Futu News reported on March 13 that the three major indices of Hong Kong stocks retreated slightly after rising. As of press release, the Hang Seng Index had risen 0.04%, the Science Index had risen 0.42%, and the National Index had fallen 0.29%.

On the sector side, the trend of TechNet stocks was divided. Baidu and Kuaishou rose more than 1%, Meituan and Jingdong rose slightly, Xiaomi, Ali, etc. weakened slightly, and Bilibili fell more than 2%.

Most auto stocks rose. Ideal Auto rose more than 3%, Great Wall Motor and Geely Auto rose more than 1%, and Zero Sport Motor rose slightly.

Domestic housing stocks generally recovered, with Jinhui Holdings falling more than 6%, Xuhui Holdings and Agile Group falling more than 4%, and Country Garden and Longguang Group falling more than 3%.

In terms of individual stocks,$BOSS ZHIPIN-W (02076.HK)$It surged nearly 21%, and net profit surged 925% in 2023.

$HKEX (00388.HK)$It rose more than 2% for 3 consecutive days, benefiting from the recovery of the Hong Kong stock market.

$NEW ORIENTAL-S (09901.HK)$With an increase of nearly 6%, Goldman Sachs is optimistic about the company's education initiative business and indicates that its valuation is attractive.

Editor/Somer