Futu News on July 31st, Hong Kong stock index performed strongly today. As of the time of publication, Hang Seng Index rose 1.42%, State Index rose 1.45%, and Science Index rose 2.23%.
In terms of sectors, network technology stocks are all up, with Ali Health up over 4%, and NetEase, JD Health, and Xiaomi up over 3%. Bilibili, Kuaishou, and Meituan rose more than 2%.
Contract research organizations are strong, with Wuxi Bio up more than 8%, Viva Biotech up 8%, and Tigermed and Wuxi Apptec up more than 7%.
China-affiliated brokerage stocks performed strongly, with Holly Futures up more than 40%, China International Capital Corporation, Guolian Securities, China Galaxy, and Citic Securities up more than 6%.
The semiconductor sector is on the rise, with Shanghai Fudan up more than 3%, Hua Hong Semiconductor and Semiconductor Manufacturing International Corporation (SMIC) up more than 2%.
Electric power stocks fell more than they rose, with Huaneng Power International down more than 6%, CGN Power down more than 3%, and China Huadian Corporation, China Power and other companies down more than 2%.
In terms of individual stocks,$EAST BUY (01797.HK)$East Buy rose more than 8%. BOCOM International stated that the sale of Dongfang Zhenxuan and Huitongxing will impact short-term GMV and profits.
$JIUMAOJIU (09922.HK)$Up more than 6%, the company's subsidiary Tai'er Pickled Fish has reached a strategic cooperation with Meituan, and plans to open 50 satellite stores for the brand within the year.
$DZUG (01635.HK)$Down more than 13%, it initially rose nearly 19%. The company announced yesterday that the market is paying close attention to intelligent-connected autos recently, and the model is still in the experimental stage and does not generate much revenue.
$CUTIA-B (02487.HK)$Up more than 10%, CU-30101 drug has been accepted for listing application.
$PRADA (01913.HK)$Opened high and fell, now the increase has narrowed to about 3%. Mid-term performance exceeded expectations, and CICC's target price is expected to be as high as HKD 75.
Editor/Jeffy