Hong Kong stocks opened positively, with the Hang Seng Index up 0.13%, the Hang Seng China Enterprises Index up 0.12%, and the Hang Seng Tech Index up 0.16%.

AIA (01299) rose 1.15%, Zhongsheng Hldg (00881) rose 0.77%, Tencent (00700) rose 0.77%. As for the declines, Hansoh Pharma (03692) fell by 3.58%, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell by 1.44%, and China Overseas (00688) fell by 1.25%.

Changju Holdings Limited (06959) opened up 3.05%. The Company announced in response to requests from the Stock Exchange of Hong Kong that the company's equity had highly concentrated among a small number of shareholders on September 3. The Board of Directors confirmed that as of September 3 and yesterday, not less than 25% of the issued shares were held by the public and the minimum public float had been maintained under the Listing Rules of the Stock Exchange of Hong Kong after making all reasonable inquiries into the matter and making inquiries with some directors of the company.

Fosun Pharma (02196) opened up 1.06%. The Company announced that its wholly-owned subsidiary Fosun Pharma Singapore had sold 9.9 million shares of Gland Pharma Limited at an average price of INR1,771.81 per share through a bulk trade, accounting for approximately 6.01% of Gland Pharma's equity. The total pre-tax transaction price was INR17.541 billion (approximately USD211 million). The group said that the proceeds from the sale would increase net assets and would not be included in its profit and loss statement as investment income. The transaction price per share was discounted by approximately 3.69% compared to the closing price of Gland Pharma shares on September 18. After the transaction, the group's shareholding in Gland Pharma decreased from 57.84% to 51.83%, still holding controlling stake in Gland Pharma, which is still a subsidiary of the group within the consolidation scope.

Tianqi Lithium Corporation (09696) opened down 0.78%. The Company announced that its investee company SQM and Codelco had signed a partnership agreement. The Financial Market Commission (CMF) of Chile issued a reply on the submission of materials by the Company's subsidiary Tianqi Chile, stating that the partnership agreement was not suitable for resolution by SQM's special shareholders' meeting, and the transaction should be analyzed and resolved by SQM's board of directors. This does not affect the right of shareholders to pursue director liability under the general rules if they believe that it causes damage to SQM and shareholders. Therefore, the CMF disagrees with the request of Tianqi Chile. It is uncertain whether the other prerequisites of the partnership agreement have been met and will be evaluated. It is not ruled out that possible actions will be considered before ensuring that the interests as a shareholder of SQM are protected. The relevant transactions of the Partnership Agreement are expected to be completed on January 1 next year or thereafter, and therefore it is expected that it will not have a significant impact on the financial position and operating results of the Group this year.

Independent stock critic Guo Jiayao said that the US stock market was closed on Wednesday for the holiday, and the futures of the three major indexes did not change much. Hang Seng Night Futures also fluctuated narrowly, and the market is expected to lack direction in the morning. The Mainland stock market fell yesterday. The Shanghai Composite Index fluctuated downward repeatedly and closed down 0.4%. The turnover of the Shanghai and Shenzhen stock markets remained light. Hong Kong stocks performed better, and the market expected bullish policy news to be announced at the Lujiazui Forum. China New Development Investment, a subsidiary of the State Council, announced that it subscribed to CSI Central State-owned Enterprises Dividend Index Tracking ETF (Zhongzhi Guoxin HK) through large-scale transactions. The market believes that this belongs to the central support for Hong Kong stocks, and the overall market rebounded significantly, and the overall transaction volume also increased. The market expects more bullish policy news during the observation period. The index is expected to stabilize at 18,000 points, and there is hope to challenge the resistance level of 19,000 points in the future.

This article is selected from "Tencent Watchlist". Editor: Ye Zhiyuan.