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《港股》恒指半日升261點 成交909億元 內房及汽車股受捧

The Hang Seng Index rose 261 points in the first half of the day, with a turnover of 90.9 billion yuan. Real estate and automobile stocks were favored.

AASTOCKS ·  Sep 20 12:27

After the Federal Reserve cut rates by half a percentage point, it boosted US stocks, with the Dow and S&P 500 reaching new highs. The Hang Seng Index continued to rise in the morning. The Hang Seng Index opened high by 56 points, and the increase expanded, reaching 18,355 points, up 261 points or 1.5% at midday, to 18,275 points; The state-owned enterprise index rose 92 points or 1.4% to 6,397 points; The Hang Seng Tech Index rose 65 points or 1.8% to 3,717 points. The total turnover in the market at midday was 90.958 billion Hong Kong dollars.

In the technology sector, Alibaba (09988.HK) rose 2.5% to 87.8 Hong Kong dollars, Tencent (00700.HK) fell 0.4% to 387.2 Hong Kong dollars, Meituan (03690.HK) rose 1.1% to 135.3 Hong Kong dollars, Xiaomi (01810.HK), JD.com (09618.HK), and Baidu (09888.HK) rose by less than 1%, while Netease (09999.HK) and Bilibili (09626.HK) rose by over 2%. It was reported that shareholders of Kuaishou (01024.HK) reduced their holdings by 91.7 million shares, with 91.7 million shares traded at the opening price of 40.54 Hong Kong dollars per share, involving 3.72 billion Hong Kong dollars. Kuaishou fell 1% to 41.7 Hong Kong dollars at midday. The co-founder of S.F. Holding (00020.HK) increased his holdings of class B shares by 10 million shares, and S.F. Holding rose 5.5%.

In addition, Xindong (02400.HK) and GDS Holdings (09698.HK) rose by 7.8% and 6.2%, respectively, while Tencent Music (01698.HK) rose 5.7%. JD Health (06618.HK), Weimob (02013.HK), Ali Health (00241.HK), Yonyou Software (00268.HK), and Eastbuy (01797.HK) all rose by 3.4% to 4.1%. Mobile-related stocks, such as BYD Electronic (00285.HK) and Cowell (01415.HK), rose by 4.2% and 3.4%. AAC Technologies (02018.HK) fell 3.1%.

It was reported that the EU delayed the vote on imposing tariffs on Chinese electric vehicles. Electric vehicle stocks XiaoPeng (09868.HK) and Geely (00175.HK) rose by 8% and 6%. Nio (09866.HK) and Li Auto (02015.HK) rose by 3.9% and 4.1%. BYD Company Limited (01211.HK) rose by 0.1% to 245.2 Hong Kong dollars. Consumer stocks rose, with Miniso (09896.HK) and China Sunsine (00881.HK) rising by over 6%, while China Resources Beer (00291.HK), Li Ning (02331.HK), and Anta Sports (02020.HK) rose by over 4%, and Xtep (01368.HK), Haier Smart Home (06690.HK), and Mengniu (02319.HK) all rose by 3% to 3.3%. Textile stock Shenzhou International (02313.HK) rose by 5.1%.

Local real estate stocks continued to be stimulated by rate cuts, with New World (00017.HK) and Swire Properties (01972.HK) rising by 7.2% and 4.4%, while Hang Lung Properties (00012.HK) and Wheelock (01997.HK) rose by over 2%. In the financial sector, HSBC (00005.HK) and HKEX (00388.HK) rose by over 1%, while AIA (01299.HK) rose 2.8% to 58.05 Hong Kong dollars.

The one-year and five-year LPR remained unchanged, and mainland banking stocks including Agricultural Bank of China (01288.HK), Postal Savings Bank of China (01658.HK), and China Merchants Bank (03968.HK) rose by 1.5% to 2%. Oil prices rose, with PetroChina (00857.HK) rising by 3%, CNOOC (00883.HK) and Sinopec (00386.HK) rising by 1.8% and 1.6%. Gold prices hovered at high levels, with Zhaojin Mining (01818.HK), China Gold International (02099.HK), and Zijin Mining (02899.HK) rising by 2.5% to 3.3%.

It was reported that the mainland is considering relaxing home purchase restrictions for non-local buyers in Shanghai and Beijing, and mainland real estate stocks surged. Hopson Development (01813.HK) and Sunac (01918.HK) rose by over 5%, while China Jinmao (00817.HK), Vanke (02202.HK), Oceanwide Holdings (03377.HK), Longfor (00960.HK), and Greentown (03900.HK) all rose by 3.7% to 4.5%.

In other stock news, Macau casino stocks Sands China (01928.HK) and SJM (00027.HK) rose by 5.2% and 3.3%. Pharmaceutical stock Sinopharm (01093.HK) plans to further repurchase up to 5 billion Hong Kong dollars of shares, and the stock price rose by 7.5% to 5.04 Hong Kong dollars. CanSino Biologics Inc. (06185.HK) rose 3.5%. Utilities stocks CLP (00006.HK), HK Telecom (06823.HK), and CKI (01038.HK) fell by 2.2% to 3.3%.

The translation is provided by third-party software.


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