Futu News, July 18th, Hong Kong stock market's three major indexes showed mixed performance in the morning session. The Hang Seng Index and the State-owned Enterprise Index rose by 0.21% and 0.16%, respectively. Hang Seng Tech Index fell sharply to 1.9% at one point and closed weakly at a 0.65% decline at noon.
As of the midday closing, there were 642 rising stocks, 913 falling stocks, and 1520 flat stocks in Hong Kong stock market.
In terms of sectors, network technology stocks showed weakness, with Ke Holdings falling nearly 4%, Baidu falling nearly 3%, Ctrip falling over 2%, Bilibili falling over 1%, and Kuaishou falling nearly 1%. Autos trended lower, with Xiaopeng falling nearly 5%, NIO falling nearly 4%, Leapmotor falling over 3%, and Great Wall Motor falling 2%. Apple supplier stocks were weak, with Sunny Optical Technology falling nearly 3%, BYD Electronic and Cowell falling over 2%, and AAC Tech rising nearly 2%. Telecommunication sector rebounded slightly, with China Telecom rising over 3%, China United Network Communications rising over 2%, and China Mobile rising over 1%. In addition, oil & gas stocks, electric power stocks, and shipping stocks rebounded slightly, golden industrial concept trended slightly lower, mainland real estate stocks, China mainland banking stocks, and coal industrial concept stocks rose slightly.
Apologizing and raising its rating by nearly 6%, the Hong Kong Consumer Council is expected to significantly increase its revenue in the first half of the year, with its innovative business entering a high-volume stage. It has preliminarily drafted the proposed terms of the proposed restructuring and has no intention of deducting the outstanding amount of relevant bonds.
Bouncing more than 4%, it is expected that its performance in the first half of the year will increase significantly. Institutions said that they have not seen any fundamental changes in Sunny Optical Technology.
It is expected that net profit in the first half of the year will increase by 30.56% YoY to 1.507 billion yuan.
Stocks of oil and gas, electric power, and shipping rebounded slightly, while golden industrial concept trended slightly lower, mainland real estate stocks, China mainland banking stocks, and coal industrial concept stocks rose slightly.
In terms of individual stocks,$NONGFU SPRING (09633.HK)$Internal news: On July 20th, Hong Kong stocks opened weaker.
$YAN PALACE (01497.HK)$Up another nearly 12%, the market share of online channels continues to steadily increase, and it is expected that revenues will increase by 10% to 15% in the first half of the year.
$XJ INTL HLDGS (01765.HK)$Increased by nearly 17%, preliminary terms for the proposed restructuring have been formulated, with no intention of deducting the unpaid amount of relevant bonds.
$TCL ELECTRONICS (01070.HK)$Rebounded by over 4%, it is expected that performance will increase significantly in the first half of the year as innovative business enters the volume stage.
$TIMES ELECTRIC (03898.HK)$Increased by more than 3%, it is expected that the net profit in the first half of the year will increase by 30.56% to 1.507 billion yuan year-on-year.
$SUNNY OPTICAL (02382.HK)$Automobile stocks trended lower, with Xiaopeng falling nearly 5%, NIO falling nearly 4%, Leapmotor falling over 3%, and Great Wall Motor falling 2%.
TOP20 turnover in half a day
Editor/Feynman