Futu News, June 13th - The three major indexes of Hong Kong stocks opened high in the morning and gradually fell back. The Hang Seng Tech Index rose by about 1.7% at one point, closing up 0.62% at noon. The Hang Seng Index and the Hang Seng Tech Index rose by 0.54% and 0.49% respectively, with the Hang Seng Index returning to 18,000 points.
As of the midday close, 901 Hong Kong shares rose, 741 fell, and 1380 remained flat.
In terms of sectors, most large technology stocks rose, with Tencent, Meituan, Xiaomi and JD.com up more than 1%, Baidu followed suit, and Alibaba slightly fell.
Automotive stocks rose collectively, with BYD Company up more than 7%, Li Auto and Geely Auto up nearly 3%, and NIO Inc up more than 1%.
Apple concept stocks continued to rise, with Q Tech up more than 9%, Foxconn Technology up more than 8%, and BYD Electronic up more than 4%.
Gold stocks fell, with Zijin Mining Group, Shandong Gold down more than 2%.
In addition, home appliance stocks had the largest decline, with some heavy equipment, gaming software and aviation/airlines industry stocks also performing poorly.
In terms of individual stocks,$BYD COMPANY (01211.HK)$Leading the rise in automotive stocks with an increase of more than 7%, the potential impact of EU tariffs is controllable, and the leading domestic new energy vehicle companies still have an advantage.
$CGN POWER (01816.HK)$Rose nearly 4%, with many northern regions experiencing temperatures above 40°C, the market anticipates an increase in electricity consumption.
$HUA HONG SEMI (01347.HK)$Up more than 6%, Taiwan Semiconductor recently responded to rumors of a wafer price increase. Institutions believe that Hua Hong may raise prices in the second half of the year.
$ZHAOJIN MINING (01818.HK)$Down nearly 3%, the Federal Reserve cut interest rate expectations significantly overnight.
$Q TECH (01478.HK)$Up more than 9%, camera module sales in May increased by 35.8%, and Nomura expects its profits to improve in the first half of the year.
$CHINASOFT INT'L (00354.HK)$Up more than 4%, Huawei Developer Conference is about to be held and the company is expected to benefit from the development of the HarmonyOS ecosystem.
$BEIGENE (06160.HK)$Up more than 6%, Beigene's Her2 double antibody listing application has been accepted.
TOP20 turnover in half a day
Editor/Emily