Futu News on June 17th, the three major Hong Kong stock indexes collectively opened low and rose. As of press time, the Hang Seng Index rose 0.64%, the Science and Technology Index rose 0.56%, and the National Index rose 0.75%.
In terms of sectors, network technology stocks rose and fell, with Kuaishou and NetEase up nearly 2%, Meituan and Tencent up more than 1%, Ping An Good Doctor down more than 3%, and Ali Health and JD Health down more than 2%.
Chip stocks continued to rise, with Semiconductor Manufacturing International Corporation up nearly 4%, Hua Hong Semiconductor and HG Semi up more than 2%.
Auto stocks rose across the board, Brilliance Chi up nearly 22%, BYD Company up more than 3%, Great Wall Motor up more than 2%, Li Auto Inc and Geely Auto followed the trend.
Most mainland real estate stocks fell, Shimao Group fell nearly 6%, Sino-Ocean GP fell more than 4%, CIFI Hold GP fell 4%, and China Vanke and Country Garden fell more than 3%.
Port and shipping stocks weakened, COSCO Shipping Holdings fell more than 4%, Pacific Basin fell nearly 3%, and COSCO Ship Engy fell 2%.
In terms of individual stocks,$BRILLIANCE CHI (01114.HK)$Up more than 22%, the company declared a special dividend of HKD 4.3 per share.
$ASCENTAGE-B (06855.HK)$Up more than 21%, received a strategic private equity investment of USD 75 million from Takeda International.
$COSCO SHIP HOLD (01919.HK)$Down more than 4%, tight spot cargo supports spot freight rates, and there is still considerable uncertainty in forward freight rates.
$BYD COMPANY (01211.HK)$Up more than 3%, the impact of EU tariff policies on the company is limited.
Editor / jayden