share_log

《港股》恒指收升623點創逾兩年半高 醫藥及晶片股急漲

Hang Seng Index rose 623 points to reach a high of more than two and a half years, with healthcare and chip stocks surging.

AASTOCKS ·  Oct 4 16:29

Hong Kong shares continued to rise under the stimulus of csi China Mainland Financials Index, with the Hang Seng Index opening 98 points lower, initially dropping 288 points to 21,824 points before rebounding and reaching over a two-and-a-half-year high of 22,742 points, closing at 22,736 points, up 623 points or 2.8%; the CSI China Mainland Financials Index rose 242 points or 3.1% to close at 8,156 points; the Hang Seng Tech Index rose 248 points or 5% to close at 5,227 points. The total turnover for the day in the market was 261.526 billion yuan.

Chip stocks followed suit, with SMIC (00981.HK) and Hua Hong (01347.HK) rising by 29% and 30% respectively. In other technology stocks, Alibaba (09988.HK) and Meituan (03690.HK) rose by 3.5% and 4.1% respectively, Tencent (00700.HK) and Kuaishou (01024.HK) rose by 2.4% and 2.8%, JD.com (09618.HK) rose by 7.3%, Xiaomi (01810.HK) and Baidu (09888.HK) rose by 2.1% and 1.6%. In addition, Pactera (00354.HK) and Suntar (00020.HK) rose by 17% and 20%, Kingdee (00268.HK) rose by 13%, New Oriental (09901.HK), Weimob (02013.HK), Kingsoft Cloud (03896.HK), and Kywoo (01478.HK) rose by 10% to 11%.

Mainland insurance and brokerage stocks continued to rise, with mainland insurance companies Ping An Insurance (00966.HK), CPIC (01339.HK), and China Life (02628.HK) rising by 7.9% to 9.3%. Property insurance (02328.HK), Taiping (02601.HK), and Ping An Insurance (02318.HK) rose by 4.4% to 5.8%. Brokerage stocks, Huatai (06886.HK) rose by 11%, China Galaxy (06881.HK) and CICC (03908.HK) rose by 9%.

Medical stocks saw an increase, with Pharmaron (03759.HK) rising by 23%, Wuxi Bio (02269.HK), Cansino Biologics Inc. (06185.HK), Wuxi AppTec (02359.HK), Innovent Bio (01801.HK), Akeso (09926.HK), and Shineway (01093.HK) rising by 9.5% to 14.5%. In terms of consumer and domestic demand stocks, Miniso (09896.HK) and Midea (00300.HK) rose by over 9%, Ctrip (09961.HK) and China High Speed (00881.HK) rose by 7% and 6.6%, Yihai International (01579.HK), Xtep International (01368.HK), China Duty Free (01880.HK), and Hisense Ha (00921.HK) rose by over 5%. In the automotive sector, BYD Company Limited (01211.HK) rose by 2.2%, Geely (02333.HK), Great Wall Motor (00175.HK), and XPeng (02015.HK) rose by 3.8% to 4.6%.

Infrastructure stocks surged, with China Railway Signal & Communication Corporation (03969.HK), China State Con (03311.HK), Times Electric (03898.HK), China Communications Construction (01186.HK) and CRRC (00390.HK) rising by 8% to 10%. Building materials and cement stocks China National Building Material (03323.HK) and Maanshan Iron & Steel (00323.HK) rose by 9.5% and 8.9%. As for mainland real estate stocks, New World (01030.HK) retraced by 5%, Vanke (02202.HK) and Country Garden (02777.HK) fell by over 7%, Jiayuan International (03383.HK) and KWG Group (03377.HK) rose by over 3%. Property management stock China Resources & Wandan CMBC (01209.HK) rose by 5.1%.

International oil prices rebounded, with China Oilfield Services (02883.HK) rising by 8%, CNOOC (00857.HK), Sinopec (00386.HK), and China National Offshore Oil (00883.HK) rising by over 3%. Stocks related to new energy rose, with Xinyi Glass (00868.HK) and Goldwind (02208.HK) rising by over 12%, Longyuan Power (00916.HK) and GCL Tech (03800.HK) rising by 9.1% and 8.5%. The end of the U.S. port strike affected shipping stocks, with Orient Overseas International (00316.HK) and COSCO Shipping Holdings (01919.HK) falling by 7.3% and 8%, and Pacific Basin (01308.HK) falling by 10.5%.

In other stock news, HSBC (00005.HK) rose by 0.9%, AIA (01299.HK) and HKEX (00388.HK) rose by 3.9% and 2.4%.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment