Futu News On May 17, the main indices of Hong Kong stocks surged higher and retreated in early trading. As of press release, the Hang Seng Index had fallen 0.05%, the China Index had risen 0.05%, and the Science Index had risen 0.46%.
On the sector side, some domestic housing stocks pulled back. Greentown China and Yuexiu Real Estate fell more than 3%, while China Resources Land and China's overseas development fell by more than 2%.
Airlines stocks rose more or less. Beijing Capital Airport shares and China Eastern Airlines shares rose nearly 3%, and Air China rose nearly 2%.
Some mobile game stocks rose. Bilibili rose nearly 5%, NetEase rose more than 3%, and China Mobile Games rose more than 2%.
Chinese brokerage stocks rose as a whole. China Galaxy, CITIC Securities, and CITIC Construction Investment Securities rose nearly 2%, while Everbright Securities and Shenwan Hongyuan rose more than 1%.
Photovoltaic solar energy stocks showed weak performance. Xinyi Solar Energy fell more than 8%, Follett Glass fell nearly 8%, and Camdank Solar fell more than 5%.
In terms of individual stocks,$BABA-SW (09988.HK)$With an increase of more than 6%, Citron said Ali's stock price is expected to rise above $100.
$BIDU-SW (09888.HK)$Up more than 2%, Q1 revenue was 31.5 billion yuan, a slight increase of 1% year on year, and is expected to be 31.43 billion yuan; adjusted net profit was 7.011 billion yuan, up 22% year on year.
$LI AUTO-W (02015.HK)$The drop was more than 3%. A few days ago, there were media reports that Ideal Internal is undergoing a new round of company-wide personnel optimization, with an overall optimization ratio of over 18%.
$JD LOGISTICS (02618.HK)$Up more than 3%, revenue for the first quarter was 42.137 billion yuan, up 14.7% year on year; profit was about 322 million yuan, turning a year-on-year loss into a profit.
$EVERG VEHICLE (00708.HK)$Trading was suspended during the intraday period. It rose more than 53% before the suspension. At one point, it rose nearly 70% during the intraday period.
Editor/Jeffy