Futu News On April 29, the three major indices of Hong Kong stocks rose strongly. As of press release, the Hang Seng Index rose 1.69%, the Science Index rose 1.76%, and the National Index rose 1.33%. The Hang Seng Index rebounded 20% cumulatively from its January low and entered a technical bull market.
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, NIO and Ali Health rose more than 5%, and Xiaopeng Motors rose nearly 5%.
Internet healthcare is on the rise collectively, with Dingdang Health up more than 7%, JD Health up more than 6%, and Ali Health up more than 5%.
Domestic housing stocks showed strong performance. Sunac China rose more than 23%, Shimao Group rose more than 19%, Xuhui Holding Group rose 15%, and Ocean Group rose more than 14%.
Domestic insurance stocks generally rose. AIA Insurance rose more than 8%, China Taibao and Zhongan Online rose more than 4%, and China Reinsurance, Prudential, and Xinhua Insurance rose more than 3%.
Gaming stocks rose collectively, with Melco International Development up more than 12%, Sands China Limited up more than 5%, and MGM China, Aobo Holdings, and Galaxy Entertainment up more than 3%.
In terms of individual stocks,$CIFI HOLD GP (00884.HK)$Up 15%, the company announced that significant progress has been made in overseas restructuring, and additional financing has already been implemented for the “white list” project.
$SENSETIME-W (00020.HK)$It rose more than 6%. Last week, the 600 billion parameter large model “Daily New 5.0,” was released, and the stock price doubled.
$UBTECH ROBOTICS (09880.HK)$The increase was more than 15%. The Beijing Humanoid Robot Innovation Center, which was led by the company, held a “Tiangong Press Conference” to officially launch “Tiangong”, a general humanoid robot parent platform independently developed by the Innovation Center.
$AIA (01299.HK)$The increase was more than 8%, and the board of directors approved an additional 2 billion US dollars to the existing share repurchase plan, increasing the total to 12 billion US dollars.
$CMGE (00302.HK)$It increased by more than 5% and signed a strategic cooperation agreement with Guangzhou Chaojing.
Editor/Jeffy