Futu News, on September 5th, the Hong Kong stock market maintained a narrow range of fluctuations in early trading, with mixed performances of the three major indexes. As of the time of publication, $Hang Seng Index (800000.HK)$increased by 0.21%,$Hang Seng TECH Index (800700.HK)$Marex Paris branch's equity sales trader Lionel Jardin said: 'We are already in the investment phase for anything related to AI, but now we want to see its performance in terms of investment returns.' UBS senior analyst Ipek Ozkardeskaya said: 'If companies cannot demonstrate the positive impact of AI on their revenue, then strong performance may not be as inspiring as it has been in previous quarters.'$Hang Seng China Enterprises Index (800100.HK)$it fell by 0.13%.
In terms of sectors, the performance of star network technology stocks varied, with Bilibili rising by more than 1%, and Netease, Meituan, Kuaishou, and Tencent rising slightly; Alibaba, Xiaomi, and Baidu slightly declined.
Petroleum stocks continue to slump, the three major oil companies continue to fall, Sinopec Corp. fell nearly 4%, PetroChina fell nearly 3%, CNOOC saw a slight decline.
Most dining stocks have declined, Xin Heng Era, Xiabuxiabu, Jiumaojiu, etc. have fallen more than 3%, Tsui Wah Holdings, Yum China followed the decline.
Biotechnology stocks in the concept sector have collectively risen, Jing Tai Technology has risen more than 10%, Up Fintech Holding has risen more than 5%, Zai Lab, CT Enterprise International have risen more than 4%, Beigene, Lepu Medical and others have risen more than 2%.
In terms of individual stocks, $AUTOHOME-S (02518.HK)$ Share buyback plan announced, the stock rose nearly 7%, with a maximum buyback of 0.2 billion USD over the next 12 months.
$CROWNICORP (00727.HK)$ Resumption of trading soared nearly 54%, the company announced that the agreement to acquire the comprehensive health and wellness business has been terminated.
$SANERGY GROUP (02459.HK)$ Today continued to rise by over 51%, the stock plummeted by 98% and rebounded by over 78% in yesterday's trading. The company's controlling shareholder's 0.37 billion shares were forcibly sold, previously identified for high concentration of equity.
$QUANTUMPH-P (02228.HK)$ Surging over 10% to hit a new high, will receive 1 billion yuan in cooperation funds from Xinjin for 5 years, and Zhongjin predicts it is likely to enter the Hong Kong Stock Connect.
Editor/rice
