On August 19th, Futu News reported that the three major Hong Kong stock indexes collectively rose. As of press time, the Hang Seng Index rose 1.35%, the HSCEI rose 1.62%, and the HSI FINANCIALS rose 2.79%. In terms of sectors, network technology stocks collectively rose, with JD.com up by over 6%, Bilibili and NetEase up by about 4%, Baidu up by over 3%, Xiaomi up by 3%, and Alibaba, Kuaishou up by over 2%, and Meituan, Tencent and others followed suit. Auto stocks were strong, with Li Auto up nearly 6%, Xpeng and Nio up by over 4%, Geely Auto, Great Wall Motor, and BYD Co., Ltd. up by nearly 3%. Golden industrial concept stocks rose collectively, with Zhaojin Mining up by over 6%, China Gold International and Lingbao Gold up by about 6%, Shandong Gold up by 5%, and Zijin Mining Group up by over 3%. Game stocks rose across the board, with Bilibili and NetEase up by over 4%, XD Inc. up by over 3%, and Tencent up by nearly 1%. Macau casino stocks rose, with Galaxy Entertainment and MGM China up by over 3%, Wynn Macau up by 3%, Sands China Ltd and Melco Int'l Dev up by over 2%. $Hang Seng Index (800000.HK)$Up by 1.35%. $Hang Seng China Enterprises Index (800100.HK)$Up by 1.62%. $Hang Seng TECH Index (800700.HK)$Up by 2.79%.
In terms of sectors, network technology stocks collectively rose, with JD.com up by over 6%, Bilibili and NetEase up by about 4%, Baidu up by over 3%, Xiaomi up by 3%, and Alibaba, Kuaishou up by over 2%, and Meituan, Tencent and others followed suit.
Auto stocks were strong, with Li Auto up nearly 6%, Xpeng and Nio up by over 4%, Geely Auto, Great Wall Motor, and BYD Co., Ltd. up by nearly 3%.
Golden industrial concept stocks rose collectively, with Zhaojin Mining up by over 6%, China Gold International and Lingbao Gold up by about 6%, Shandong Gold up by 5%, and Zijin Mining Group up by over 3%.
Game stocks rose across the board, with Bilibili and NetEase up by over 4%, XD Inc. up by over 3%, and Tencent up by nearly 1%.
Macau casino stocks rose, with Galaxy Entertainment and MGM China up by over 3%, Wynn Macau up by 3%, Sands China Ltd and Melco Int'l Dev up by over 2%.
In terms of individual stocks, $JD-SW (09618.HK)$Up by over 6%. For two consecutive trading days, it has risen by more than 15%. The net income attributable to ordinary shareholders of the company in the second quarter was 12.644 billion yuan, an increase of 90.9% year-on-year.
$LI AUTO-W (02015.HK)$ Up nearly 6%. The subsidy for the replacement of old cars with new ones is expected to boost auto sales in the second half of the year.
$YESTAR HEALTH (02393.HK)$ The company expects comprehensive net profit for the first half of the year to increase by not less than 1.05 billion yuan, and the net profit for the first half of 2023 is approximately 11.6 million yuan.
$J&T EXPRESS-W (01519.HK)$ Up nearly 7%. It was included in the constituent stocks of the Hang Seng China Enterprises Index.
$POP MART (09992.HK)$ Up nearly 7%. The company released its 2024 mid-term performance on the 21st.
Editor / jayden
