Futu News, July 11th - During the morning trading session, the three major Hong Kong stocks indices performed strongly, with the Hang Seng Tech Index leading the way with a 2.5% increase and closing up 2.04% in the afternoon. The Hang Seng Index and the National Index rose 1.54% and 1.44% respectively, with the Hang Seng Index approaching the 18,000 mark during the trading day.
As of the noon trading session, there were 1125 gainers and 539 losers in the Hong Kong stock market, with 1412 remaining unchanged.
In terms of sectors, large-cap tech companies showed collective gains, with Ali and Xiaomi up over 2%, and JD.com and Bilibili up nearly 2%, with Tencent and SenseTime up over 1%.
Auto stocks rose, with Xpeng up over 10%, Li Auto up nearly 7%, and Nio up over 5%.
Pharmaceutical stocks were strong, with Remegen up nearly 13% and Collgenbio-B up over 8%.
Nonferrous metal stocks rose in tandem, with Ganfeng Lithium up over 9%, Tianqi Lithium Corporation up over 7%, and China Aluminum International Engineering Corporation up over 4%.
Apple concept stocks rose strongly, with Q Tech up over 24%, AAC Tech up over 5%, and FIH up over 4%.
In addition, popular sectors such as semiconductor chip stocks, mainland real estate stocks, insurance stocks, golden industrial concept stocks, and dining stocks rose in tandem. On the other hand, the growth rate of thermal power performance in the second quarter may decline month-on-month, with electric power stocks under significant pressure. Huaneng International Electricity fell for three consecutive days, and most education and coal industrial concept stocks were lackluster. China Coal Energy and Yankuang Energy, both heavyweight stocks, fell more than 1%.
In terms of individual stocks,$XPENG-W (09868.HK)$Xpeng MONA M03 rose over 10%, with plans to launch globally in August.
$GANFENGLITHIUM (01772.HK)$China Coal Energy rose over 9% again, with regular net income turning positive in the second quarter, and the company's impairment losses are basically controllable.
$Q TECH (01478.HK)$Smart phone sales improved, and the mid-term net profit is expected to increase by 400% to 500%. The stock rose over 24%.
$HUTCHMED (00013.HK)$The stock rose over 3%, and the second half of the year includes multiple catalysts, including global sales of Fruquintinib in the second quarter.
$MICROPORT NEURO (02172.HK)$The stock rose nearly 8% again, with an expected increase of more than 30% in revenue in the first half of the year.
$CMOC (03993.HK)$The stock rose over 2%, with copper-related gross margin improvement, and Daiwa Securities said that its attractiveness and competitive advantages will gradually be recognized.
$CTG DUTY-FREE (01880.HK)$The stock rose over 5%, and institutions say that the consumption tax reform is a bullish factor for theoretical tax-free price differential.
TOP20 turnover in half a day
Editor/Emily