According to Futu News on July 24th, all three major indexes of the Hong Kong stock market continued yesterday's decline in the morning session. As of noon, the Hang Seng Tech Index fell by 0.86%, and the Hang Seng Index and the National Index fell by 0.62% and 0.51%, respectively.
At the end of the midday closing, there were 549 stocks up, 955 stocks down, and 1563 stocks flat on the Hong Kong stock market.
In terms of sectors, network technology stocks fell more than they rose, with Netease-S rising by 4.85%, Meituan-W falling by 2.62%, Xiaomi Group-W falling by 2.00%, JD.com Group-SW falling by 1.56%, Kuaishou-W falling by 0.79%, and Alibaba-SW rising by 0.47%.
Electrical utility stocks performed well, with CGN Power rising by 7.46%, Datang Renew rising by 5.39%, China Resources Power rising by 3.93%, China Power rising by 3.84%, Huadian Power rising by 3.54%, and Huaneng Power rising by 1.87%.
Hong Kong retail stocks weakened, with Samsonite rising by 6.20%, Chow Tai Fook falling by 5.94%, Prada falling by 5.64%, Chow Sang Sang falling by 1.47%, and Giordano Int'l falling by 1.25%.
Auto stocks fell, with Great Wall Motor falling by 6.08%, Xpeng-W falling by 4.86%, Li Auto Inc-W falling by 3.67%, Yadea falling by 3.50%, Leapmotor falling by 3.29%, and Byd Company falling by 2.27%.
Lithium battery stocks were weak, with Veson Hldg falling by 2.44%, Ganfenglithium falling by 2.33%, Byd Company falling by 2.27%, and Byd Electronic falling by 2.02%.
In terms of individual stocks,$CGN POWER (01816.HK)$Rising more than 7%, the operating data for the first half of the year met expectations, and institutions expect performance to be released in the second half of the year.
$NTES-S (09999.HK)$Rising nearly 5%, Netease will release three heavyweight new games in July, easing concerns about monetizing old games.
$CTIHK (06055.HK)$Rising more than 4%, the net profit in the first half of the year is expected to increase by more than 30%, and the new tobacco business and potential mergers and acquisitions are expected to drive growth.
$QINGDAO PORT (06198.HK)$Rising nearly 3%, the company opened three new shipping routes for foreign trade containers in half a month, and the updated asset restructuring plan has attracted attention recently.
$PRADA (01913.HK)$Falling nearly 6%, luxury goods group LVMH's net profit in the first half of the year decreased by 14% year-on-year.
$ASMPT (00522.HK)$The drop exceeded 19%, with a year-on-year decrease of 49.6% in mid-term net profit, and a expected nearly 10% year-on-year decline in revenue for the third quarter.
TOP20 turnover in half a day
Editor/Feynman