Futu News On May 22, the three major indices of Hong Kong stocks fluctuated higher. As of press release, the Hang Seng Index had risen 0.43%, the Science Index had risen 0.72%, and the National Index had risen 0.55%.
On the sector side, TechNet stocks generally rose; Bilibili rose nearly 3%, Kuaishou rose nearly 2%, Xiaomi Group rose nearly 1%, Tencent and Meituan rose slightly, and NetEase fell more than 2%.
Hong Kong auto stocks picked up, with Xiaopeng Motors up more than 12%, NIO Auto by nearly 5%, Ideal Auto by more than 2%, and BAIC and Geely by more than 1%.
Hong Kong airline stocks rallied; China Southern Airlines shares rose more than 5%, China Eastern Airlines shares rose more than 4%, and Air China rose nearly 4%.
Hong Kong PV solar energy stocks rose. GCL Technology rose more than 4%, Xinyi Glass rose more than 3%, and GCL New Energy and Xinyi Solar Energy rose more than 2%.
Hong Kong mobile game stocks had mixed ups and downs. Bilibili rose more than 2%, Xindong and Tencent rose slightly, and NetEase fell more than 2%.
In terms of individual stocks,$XPENG-W (09868.HK)$Up more than 12%, Q1 revenue of 6.55 billion yuan was better than expected, up 62.3% year on year; gross margin was 12.9%, up 6.7% month on month.
$LENOVO GROUP (00992.HK)$It rose nearly 12% and teamed up with Qualcomm and Microsoft to launch a new generation of AI PCs; Xiaomo raised Lenovo's rating from “flat fit” to “over equipped.”
$TONGCHENGTRAVEL (00780.HK)$It fell nearly 11%, with revenue of 3.866 billion yuan in the first quarter, up 49.5% year on year; average monthly paying users increased 2.9% year over year to 42.6 million.
Editor/jayden