Futu News reported on April 18 that the three major indices of Hong Kong stocks rose collectively. As of press release, the Hang Seng Index had risen 1.12%, the Science Index had risen 0.85%, and the National Index had risen 1.29%.
On the sector side, TechNet stocks had mixed ups and downs. Baidu and Tencent rose more than 1%, Bilibili, NetEase, and Kuaishou rose slightly, JD and Meituan fell nearly 1%, and Xiaomi and Ali fell slightly.
Most auto stocks rose; Great Wall Motors and Xiaopeng Motors rose about 3%, Ideal Auto rose nearly 2%, and BYD shares rose more than 1%.
Insurance stocks generally rose; Ping An of China and China Financial Insurance rose about 4%, and AIA and China Life Insurance rose about 3%.
Airlines stocks strengthened. China Eastern Airlines, Air China, and China Southern Airlines rose about 5%, and Meilan Airport rose more than 9%.
Sporting goods stocks rose; Anta Sports and Taobo rose more than 3%, Special Step rose more than 2%, and Li Ning and 361 degrees rose more than 1%.
Gaming stocks rebounded today. Aobo Holdings rose nearly 6%, Sands China and Galaxy Entertainment rose about 2%, and MGM China and Wynn Macau rose about 1%.
In terms of individual stocks,$CHINA RES LAND (01109.HK)$A rise of more than 4% led to a rise in domestic real estate stocks. Multiple measures helped stabilize the property market, and the decline in real estate sales narrowed marginally.
$ANTA SPORTS (02020.HK)$With an increase of more than 3%, retail sales of Anta brand products achieved a positive year-on-year increase in the number of units in the first quarter.
$PACIFIC BASIN (02343.HK)$It rose more than 3%, and the BDI index rose. Institutions said that the market gradually returned to normal after a short-term mismatch between supply and demand.
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