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Afternoon review of Hong Kong stock market

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港股午评 | 三大指数小幅走强，美团涨超4%；生物技术股普涨，金斯瑞生物科技涨超9%

Hong Kong stock mid-day review | The three major indexes have slightly strengthened, Meituan has risen more than 4%; Biotechnology stocks have broadly risen, Genscript Bio has risen more than 9%.

Futu News ·  Jun 4 12:16

On June 4th, Futu News reported that the three major stock indexes in Hong Kong rose slightly. As of midday, the Hang Seng Index rose 0.21%, the H-Share Index rose 0.06%, and the HSCEI Index rose 0.22%.

At the midday close, 971 stocks rose and 684 fell in Hong Kong stocks, and 1,363 closed flat.

In terms of sectors, network technology stocks were mixed, with Meituan up more than 4%, Tencent and JD slightly up; Bilibili, Xiaomi down more than 1%, Baidu down 1%, Kuaishou, Netease, and Alibaba slightly down.

Mainland real estate stocks were generally up, with Radiance Holdings up over 27%, Sino-Ocean Group up over 16%, Yuexiu Property up over 8%, Shimao Group up over 7%, China Vanke up over 6%, and Sunac up over 3%.

Biotech stocks rose, with Zai Lab up nearly 10%, Genscript Biotech up over 9%, Wuxi Bio and Beigene up nearly 3%, WuXi AppTec up over 2%, and Akeso slightly up.

Several auto stocks fell, with Great Wall Motors down more than 10%, Li Auto down nearly 3%, NIO down over 2%, and Xpeng down over 1%.

Coal stocks fell, with Yankuang Energy down nearly 9%, Yancoal Aus and China Coal Energy down over 1%, and China Shenhua Energy down nearly 1%.

In other sectors, gambling stocks continued their rise from yesterday, while most defense, aviation, and home appliance stocks performed well. Three major oil companies fell together, and coal stocks fell back from their highs.

In terms of individual stocks,$GENSCRIPT BIO (01548.HK)$Legend Biotech rose over 9%, announcing the Phase 2 study results of a drug for treating multiple myeloma at the ASCO and EHA conferences.

$SHENZHOU INTL (02313.HK)$Yuexiu Property rose nearly 6%. Inventory clearance of core customers has essentially ended, and institutions are bullish that upstream sports stocks will outperform in the short term.

$YANKUANG ENERGY (01171.HK)$China Coal Energy fell nearly 9%, planning to raise nearly HKD 5 billion through a 9.9% discount in share placement.

$BRILLIANCE CHI (01114.HK)$Brilliance China Automotive Holdings Limited rose nearly 7% on news they plan to declare a special dividend.

$MMG (01208.HK)$Great Wall Motor fell over 10%, raising HKD 9.08 billion through new share placement.

TOP20 turnover in half a day

Editor/Cynthia

The translation is provided by third-party software.


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