Futu News reported on May 27 that the three major indices of Hong Kong stocks had turned V-shaped. As of noon trading, the Hang Seng Index had risen 0.31%, the Science Index had risen 0.08%, and the National Index had risen 0.31%.
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By the midday close, Hong Kong stocks had risen 842, down 874, and closed at 1,298.
![](https://postimg.futunn.com/news-editor-imgs/20240527/public/17167827557811454875554.png)
On the sector side, the trend of large technology stocks diverged. Meituan and Ali rose slightly, NetEase fell nearly 3%, JD fell about 2%, and Tencent fell nearly 2%.
Power stocks continued to rise. Huadian Power International Power Co., Ltd. rose nearly 6%, while Huaneng International Power Co., Ltd. and China Electric Power rose more than 4%.
Shipping port stocks strengthened collectively, with COSCO Offshore Control up nearly 5% and Orient Overseas International up more than 4%.
Biomedical stocks declined significantly, with Pharmacovigilance and Kangfang Biotech falling more than 6%.
In terms of individual stocks, the Hong Kong stock “Evergrande series” surged higher and declined, and the increase narrowed.$EVERG VEHICLE (00708.HK)$An increase of over 81%,$EVERG SERVICES (06666.HK)$Up more than 7%. Evergrande Motor announced last night that 3.145 billion potential shares for sale (accounting for about 29.0% of all issued shares) will be immediately acquired, and 3.203 billion potential shares for sale (accounting for about 29.5% of all issued shares) will be the subject of a potential buyer's exercisable option within a certain period of time after the date of the sale agreement.
$SMIC (00981.HK)$Up nearly 3%, jumping to the world's third-largest foundry in the first quarter
$LENOVO GROUP (00992.HK)$It surged more than 7% to a record intraday high, and AI PC provided a new catalyst for rising stock prices.
$CMGE (00302.HK)$The volume soared by more than 23%, and its new heavyweight products were launched or tested one after another.
$BYD COMPANY (01211.HK)$It fell more than 1%, according to$BYD Company Limited (002594.SZ)$Official WeChat, BYD's fifth-generation DM technology launch and Qin L and SEAL 06 launch conference were held on the evening of May 28.
Top 20 half-day turnover
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edit/emily