Futu News reported on June 5th that the three major Hong Kong stock indexes rose slightly. As of noon, the Hang Seng Index rose by 0.33%, the Technology Index rose by 0.78%, and the State-owned Enterprise Index rose by 0.27%.
At the end of the midday closing, 770 Hong Kong stocks rose, 926 fell, and 1322 remained unchanged.
In terms of sectors, there are divergent trends among network technology stocks. Bilibili rose more than 3%, JD.com and NetEase rose nearly 3%, Tencent rose nearly 2%, and Alibaba rose more than 1%; Kuaishou fell nearly 1%, while Xiaomi, Baidu, and Meituan-Dianping were slightly down. Semiconductor stocks performed well, with Hua Hong Semiconductor rising more than 4%, Shanghai Fudan Microelectronics rising more than 3%, and Semiconductor Manufacturing International Corporation rising more than 2%. Apple concept stocks rose together, with Sunny Optical Technology rising nearly 4%, AAC Technologies and BYD Electronic rising nearly 2%. Multiple biotechnology stocks rose, with Kangjingjie Pharmaceutical rising nearly 17%, Beigene rising more than 6%, Juzi Biology rising more than 3%, and Wuxi Biologics rising more than 1%. Nonferrous metal stocks were mostly down, with Aluminum Corporation of China falling nearly 8%, CMOC Group Limited falling nearly 4%, Jiangxi Copper and China Hongqiao falling more than 3%, and Zijin Mining Group falling more than 1%. In other sectors, most auto, defense, mobile game, and coal industrial concept stocks performed actively. The three major oil companies all fell, and mainland real estate stocks opened high and fell. The previously strong electric power stocks collectively slumped.
Kua Hua Semiconductor rose by more than 4%, Shanghai Fudan Microelectronics rose by more than 3%, and Semiconductor Manufacturing International Corporation rose by more than 2%.
Apple concept stocks rose together, with Sunny Optical Technology rising nearly 4%, AAC Technologies and BYD Electronic rising nearly 2%.
Multiple biotechnology stocks rose, with Kangjingjie Pharmaceutical rising nearly 17%, Beigene rising more than 6%, Juzi Biology rising more than 3%, and Wuxi Biologics rising more than 1%.
Nonferrous metal stocks were mostly down, with Aluminum Corporation of China falling nearly 8%, CMOC Group Limited falling nearly 4%, Jiangxi Copper and China Hongqiao falling more than 3%, and Zijin Mining Group falling more than 1%.
In other sectors, most auto, defense, mobile game, and coal industrial concept stocks performed actively; the three major oil companies all fell; mainland real estate stocks opened high and fell; electric power stocks that were previously strong collectively slumped.
In terms of individual stocks,$ALPHAMAB-B (09966.HK)$rose nearly 17%, showing good tolerance in clinical studies of late-stage solid tumor drugs.
$MEIDONG AUTO (01268.HK)$rose nearly 5%, automaker subsidies may boost dealer profitability, and the company's inventory turnover speed is relatively high.
$CTG DUTY-FREE (01880.HK)$rose more than 3%, consolidating the competitiveness of boutique products, and the trend of tax-free recovery at ports continues.
$MMG (01208.HK)$fell more than 3%, planning to raise net funds of HKD 8.986 billion, and the offer price is discounted by more than 30%.
$CHALCO (02600.HK)$fell nearly 8%, and macro mood cooling suppressed nonferrous stocks.
TOP20 turnover in half a day
Editor/Cynthia