Futu News on July 17 that the three major indexes of Hong Kong stock market rose and fell in the morning session. As of the midday, the Hang Seng Technology Index rose 0.85%, ending the continuous two-day slump, and the Hang Seng Index rose slightly by 0.06%, while the national index fell 0.2%.

As of the midday close, there were 786 Hong Kong stocks rising, 848 stocks falling, and 1442 stocks being flat.

In terms of sectors, network technology stocks rose and fell, with Xiaomi and JD.com rising more than 2%, and Kuaishou and NetEase rising more than 1%. Alibaba, Meituan, and Baidu rose nearly 1%, while Tencent fell more than 1%.

Biomedical stocks were strong, with Genscript Bio up nearly 6%, WuXi AppTec and Kelun-Biotech up more than 4%, and Wuxi Bio and Beigene up about 3%.

Real estate stocks performed well, with China Vanke up more than 5%, China Overseas up more than 2%, Longfor Group and Sunac up nearly 3%.

The three major oil companies fell together, with CNOOC and PetroChina falling more than 5% and Sinopec Corp falling more than 4%.

Apple concept stocks trended lower, with BYD Electronic falling more than 5%, Cowell falling nearly 5%, Sunny Optical falling nearly 3%, and AAC Tech falling more than 3%.

Telecommunications service stocks fell, with China Telecom falling more than 5%, China Unicom falling nearly 4%, and China Mobile falling nearly 2%.

Coal industrial concept stocks were weak, with China Coal Energy falling nearly 5%, Yanzhou Coal Energy falling more than 3%, China Shenhua Energy falling nearly 3%, and Yancoal Aus falling more than 2%.

In addition, gold industrial concept stocks and electric power stocks showed a clear downward trend; shipping stocks continued to decline, with geopolitical easing driving recent freight rates downward; insurance stocks and new energy vehicle companies rose slightly.

In terms of individual stocks,$CTG DUTY-FREE (01880.HK)$Rose more than 6%, benefiting from the significant improvement in airport duty-free business, the company may benefit from the potential reform of consumption tax expectations.

$MENGNIU DAIRY (02319.HK)$Rose nearly 5%, the leading dairy product company's free cash flow reached a new high, and there is still potential for an increase in the dividend payout ratio.

$U-PRESID CHINA (00220.HK)$Rebounded nearly 5%, the company responded to the rat head incident progress, and has communicated positively with consumers.

$CHALCO (02600.HK)$Fell nearly 7%, pressure from weak consumption season, short-term aluminum price shock finishing.

TOP20 turnover in half a day

Editor/Feynman