According to the news from Futu on August 27th, the three major stock indexes in Hong Kong failed to continue the previous day's rally in the morning session. As of midday, the Hang Seng Index fell by 0.27%, after hitting a recent rebound high yesterday. The H-share index and the Hang Seng Tech Index fell by 0.2% and 0.55% respectively.
As of the midday close, 576 stocks rose, 1041 fell, and 1446 remained unchanged in the Hong Kong stock market.
In terms of sectors, the performance of technology stocks varied, with TongchengTravel Group-S up by 11.19%, Alibaba-SW down by 4.74%, JD.com-SW down by 4.17%, Netease-S up by 2.58%, Meituan-W down by 2.39%, Kuaishou-W down by 1.85%.
Petroleum stocks rose across the board, with Kunlun Energy up by 6.22%, Sinopec Corp up by 4.26%, Petrochina up by 3.93%, CNOOC up by 2.90%, Sino Oil & Gas up by 1.67%.
Coal industrial concept stocks showed more gains than losses, with Yancoal Aus down by 4.23%, Yankuang Energy up by 2.64%, China Shenhua Energy up by 2.24%, Mongol Mining down by 2.05%, China Coal Energy up by 1.64%, Shougang Res up by 0.78%.
The golden industrial concept stocks declined, with China Gold Intl down by 7.83%, SD Gold down by 4.50%, Zhaojin Mining down by 4.13%, Lingbao Gold down by 3.24%, Chi Silver Gp down by 1.72%, Zijin Mining Group down by 1.10%.
Mainland real estate stocks were weak, with C&D Intl Group down by 5.83%, Longfor Group down by 2.74%, China Vanke down by 2.54%, China Overseas down by 2.29%, Sunac down by 2.02%, China Res Land down by 1.14%.
In terms of individual stocks, $TRIP.COM-S (09961.HK)$ After the performance, it rose more than 11%, with strong growth in the tourism business, and Q2 net profit increased more than 5 times year-on-year.
$KUNLUN ENERGY (00135.HK)$ After the performance, it rose more than 6%, with a 2.58% increase in mid-term net profit and a mid-term dividend of 16.41 cents per share.
$YADEA (01585.HK)$ It rose nearly 7%, and the company is expected to benefit from the implementation of the new national standard and the policy of replacing old with new.
$TONGCHENGTRAVEL (00780.HK)$ It rose more than 5%, HSBC said that the second-quarter performance slightly exceeded expectations, and Citigroup expects order reception rate and profit margin to improve.
$TIMES ELECTRIC (03898.HK)$ It fell by more than 6% again, and the growth of the emerging equipment business fell short of expectations, with the IGBT business dragging down the performance in the second half of the year.
$MAOYAN ENT (01896.HK)$ After the results, it fell by over 9%, the net adjusted surplus for the first half of the year was 0.352 billion yuan, a 22.8% decrease year-on-year.
TOP20 turnover in half a day
Editor/Feynman