Futu News reported on June 13 that the three major Hong Kong stock indexes rose slightly. As of publication, the Hang Seng Index rose 0.55%, the Tech Index rose 0.63%, and the State Index rose 0.59%.

In terms of sectors, network technology stocks rose and fell, with Bilibili up more than 2%, Ke Holdings, JD Health, Xiaomi, and Tencent up over 1%, and Meituan and JD up nearly 1%.

Some auto stocks rose, with BYD Company Limited up nearly 8%, Geely Auto and Leapmotor up more than 3%, and Li Auto Inc up more than 2%.

Electric power stocks rose across the board, with CGN Power up over 3%, Xinyi Energy, China Longyuan, China Res Power, China Power, BJ Energy Intl, and others up over 2%.

Golden industrial concept stocks showed weakness, with Zhaojin Mining down more than 5%, SD Gold and Chi Silver Gp down more than 3%, and Zijin Mining Group down more than 2%.

Biotechnology sector mostly rose with Beigene up over 6%, Ascentage Pharma up over 5%, CanSino Biologics and WuXi AppTec up over 3%.

Insurance stocks generally rose, with China Pacific Insurance up nearly 4%, New China Life Insurance and China Taiping up over 1%.

In terms of individual stocks,$BYD COMPANY (01211.HK)$BYD Company Limited rose nearly 8%, and European countries' tax rates on BYD are lower than those of competing car companies. Institutions believe this will help the company increase its market share.

$HUA HONG SEMI (01347.HK)$Hua Hong Semi rose over 5%, as Morgan Stanley raised its rating of Hua Hong Semi to overweight and raised its target price to HK$28.

$CNOOC (00883.HK)$Bilibili rose nearly 2%, setting a new record high during trading hours.

$QUANTUMPH-P (02228.HK)$On the first day of listing, it rose nearly 16%, and at one point during trading it rose more than 24%.

Editor/Jeffy