Finance and Economics Society reported on October 4th that Hong Kong stocks strengthened again today.$Hang Seng Index (800000.HK)$Approaching the high point of 22,667.74 points on Wednesday of this week, the Hang Seng Index rose by 2.14% to 22,586 points as of the time of publication. $Hang Seng TECH Index (800700.HK)$ Increasing by 4.13% to 5,184 points.$Hang Seng China Enterprises Index (800100.HK)$Increasing by 2.52% to 8,113 points.

Listed in Japan, $One ETF Southern China A-Share CSI 500 (2553.JP)$ its increase is more eye-catching, reaching 115.38%, at 22,400 Japanese Yen. Increased over 10 times compared to the closing price on September 30.

Semiconductors and pharmaceutical stocks are leading performers.

Looking at the performance of the Hong Kong stock market in the morning, semiconductors, pharmaceuticals, brokerages, and petroleum stocks are among the top performers.

Among semiconductor stocks,$SHANGHAI FUDAN (01385.HK)$,$SMIC (00981.HK)$,$HUA HONG SEMI (01347.HK)$They increased by 24.23%, 20.33%, and 20.14% respectively.

On the news side, institutions pointed out that against the background of localized production and the recovery of domestic consumer electronics demand, domestic wafer foundry companies were in a relatively full load status in the second quarter, with SMIC and Hua Hong's capacity utilization rates at 85.2% and 97.9% respectively.

The brokerage also pointed out that in the third quarter, driven by the peak season of demand for smart phones and other consumer electronics, they believe that the capacity utilization rates are expected to continue to increase. The bank pointed out that the current SMIC and Hua Hong one-year forward PB valuations are still at historically low levels, bullish on the subsequent valuation recovery market.

In pharmaceutical stocks, $WUXI BIO (02269.HK)$,$WUXI APPTEC (02359.HK)$Rising by 13.13% and 11.80% respectively.

On the news front, it has been reported that Wuxi Apptec and Wuxi Bio are working on selling some of their businesses. Wuxi Apptec will sell WuXi Advanced Therapies, discussions have been ongoing for months, and contracts have been approached by potential buyers for the acquisition of all or part of the assets. Nomura Securities believes that if the above business sales are finalized, investors will react more positively to Wuxi Apptec compared to Wuxi Bio.

Among brokerage stocks, $SWHY (06806.HK)$Please use your Futubull account to access the feature.$EB SECURITIES (06178.HK)$and$CMSC (06099.HK)$ They respectively increased by 20.53%, 15.40%, 12.50%.

In terms of news, with the recent intensive release of policies, market trading activity has significantly increased, and clients' willingness to open accounts has also strengthened. The A-share market has ushered in a wave of new account openings, with the number of accounts opened by many brokerages increasing by 2 to 4 times.

In petroleum stocks,$SINO OIL & GAS (00702.HK)$,$YANCHANG PETRO (00346.HK)$,$CHINA OILFIELD (02883.HK)$They rose by 41.67%, 13.92%, and 5.68% respectively.

On the news side, as reported in the media, when asked whether the United States would support Israel's attacks on Iran's oil facilities, President Biden said, "We are discussing this."

Analysts say that Iran's daily production exceeds 3 million barrels, which could have a significant global impact if there is a supply disruption, closely related to Israel's retaliatory methods and scale.

In response to this news, Brent crude oil rose by 5.39% on Thursday, closing at $77.88.

Editor/Somer