Futu News reported on April 17 that the three major indices of Hong Kong stocks weakened slightly. As of press release, the Hang Seng Index had fallen 0.13%, the Science Index had fallen 0.37%, and the National Index had fallen 0.09%.
On the sector side, the majority of TechNet stocks declined, with Kuaishou and NetEase falling more than 2%, Ali and Baidu falling more than 1%, and Tencent and Meituan falling slightly.
Domestic housing stocks rebounded collectively. Sunac China and Xuhui Holdings rose more than 5%, COSCO Group and Xincheng Development rose more than 3%, and Vanke Enterprise rose more than 2%.
Telecom stocks continued to rise. China Telecom rose about 3%, China Mobile and China Unicom rose more than 1%, and Hong Kong Telecom rose slightly.
Most gaming stocks declined, with Galaxy Entertainment falling more than 5%, Sands China and Macau International Development falling nearly 4%, and Wynn Macau and Aobo Holdings falling more than 1%.
In terms of individual stocks,$SUNAC (01918.HK)$With an increase of more than 5%, and the approval amount for the first batch of whitelisted projects exceeded 500 billion dollars, Damo expects property prices to basically stabilize in the third quarter.
$Q TECH (01478.HK)$With an increase of more than 4%, the Huawei Pura 70 is about to be released, and agencies say it is expected to benefit.
$XINYI SOLAR (00968.HK)$It fell more than 4%. The agency said it was difficult for demand to continue to rise sharply, and there may be another oversupply in the fourth quarter.
editor/tolk