On June 4th, Hong Kong's three major stock indexes rose and fell; as of press time, the Hang Seng Index was up 0.22%, the Hang Seng Tech Index was down 0.12%, and the Hang Seng China Enterprises Index was up 0.2%.
In terms of sectors, most technology stocks fell, with Eastbuy falling more than 5%, Bilibili falling more than 2%, Kingsoft and JD Health falling more than 1%.
Contract Research Organizations (CRO) concept stocks strengthen, Pharmaron Holdings Limited and Tigermed Consulting Co., Ltd. both up more than 3%, Wuxi Biologics Cayman Inc. up nearly 3%, and WuXi AppTec Co., Ltd. up more than 2%.
Mainland real estate stocks generally rose, with Radiance Holdings Limited rising more than 27%, Sino-Ocean Group Holding Limited rising more than 16%, and Yuexiu Property Company Limited rising nearly 9%.
Auto stocks weakened, with Li Auto Inc. and NIO Inc. falling more than 3%, XPeng Inc. and Guangzhou Automobile Group Co., Ltd. falling more than 1%.
Petroleum stocks fell back, with China Petroleum & Chemical Corporation and China National Offshore Oil Corporation falling nearly 2%, and PetroChina Company Limited falling 1%.
In terms of individual stocks,$GENSCRIPT BIO (01548.HK)$Bristol-Myers Squibb's stock rose more than 12%, and the company announced that it has submitted a 6-K form to the U.S. Securities and Exchange Commission and announced for the first time the results of the CARTITUDE-2 cohort D Phase 2 study for the treatment of multiple myeloma.
$CTIHK (06055.HK)$JD Health's stock rose more than 13%, and the company announced profit gains and expects a more than 30% increase in mid-term profits.
$YANKUANG ENERGY (01171.HK)$Futu Holdings Limited's stock fell more than 9%, and the company plans to issue 285 million shares for HKD 4.956 billion.
$MMG (01208.HK)$China Feihe Limited's stock fell more than 10%, and the company plans to issue approximately 3.465 billion new shares at a ratio of five-to-two, with a total of approximately HKD 9.079 billion raised.
$GWMOTOR (02333.HK)$Li Auto Inc.'s stock fell more than 9%, and the company reported that its May auto sales were 91,500, a year-on-year decrease of 9.51%.
Edited by Jeffrey