Futu News reported on October 16th that the Hong Kong stock market fluctuated and rose, with the three major indices changing from a decline to an increase. The Hang Seng Index rose nearly 1% at noon; the Sci-Tech Index rose nearly 0.4%, once rising nearly 1% intraday; and the National Index rose over 1%.
As of the midday close, 1024 stocks in the Hong Kong stock market rose, 766 fell, and 1281 remained unchanged.
In terms of sectors, network technology stocks rose, with Meituan-W up 2.81%, JD.com-SW down 2.31%, Tencent up 1.53%, Kuaishou-W down 0.74%, SenseTime-W up 0.65%, Baidu-SW up 0.65%, Xiaomi-SW up 0.43%, and Alibaba-SW up 0.35%.
Insurance sector moved upwards, with China Re up nearly 6%, Zhongan Online up nearly 4%, China Taiping up nearly 4%, New China Life Insurance up nearly 3%, PICC P&C up over 2%, Ping An Insurance up nearly 2%, China Life Insurance up over 1%.
Building materials stocks rose, with CNBM up 9.31%, BBMG Corporation up 6.85%, Huaxin Cement Technology up 5.32%, Conch Cement up 5.18%, China Lesso up 4.58%, Huaxin Cement up 4.30%, West China Cement up 2.75%, and Huaibei GD Co up 2.11%.
Real estate developers' stocks surged, with Sunac up 22.27%, China Vanke up 15.20%, Longfor Group up 9.05%, Yuexiu Property up 9.05%, Greentown China up 6.42%, China Overseas Development up 5.77%, China Resources Land up 4.98%, and SHK PPT up 0.87%.
Banking sector strengthened, with Jiangxi Bank up over 8%, Bank of Chongqing up nearly 7%, ZYBank up over 5%, Bank of Qingdao up nearly 5%, CM Bank up over 3%, CEB Bank up nearly 3%, Bank of Communications up over 3%.
Securities and brokerage stocks gained, with GTJA up 6.17%, China Merchants Securities up 5.94%, HTSC up 4.07%, Haitong Securities up 4.04%, GF Securities up 3.76%, China International Capital Corporation up 3.16%, China Galaxy up 3.09%, CSC up 2.01%.
Property services and management stocks rose, with Evergrande Services up 7.23%, A-Living up 6.31%, CG Services up 5.86%, Poly Property Services up 5.53%, Sunac Services up 5.32%, Greentown Management Holdings up 4.76%, China Overseas Property Services up 4.26%, China Resources Mixc Life up 3.44%.
Golden industrial concept stocks performed well, with Zhaojin Mining up 5.90%, SD Gold up 5.30%, Lingbao Gold up 3.97%, China Silver Group up 3.45%, China Gold International up 3.28%, Zijin Mining Group up 3.15%, Persistence Resources up 1.33%, Tongguan Gold remained flat.
In terms of individual stocks,$NIO-SW (09866.HK)$Rising nearly 4%, flagship sedan ET9 officially declared, expected to be listed in the first quarter of next year.
$BEKE-W (02423.HK)$Rising over 4%, significant rebound in post-holiday transactions of new homes and second-hand homes, significant benefits for second-hand housing intermediaries.
$MEITUAN-W (03690.HK)$ The rise is nearly 3%, expanding its content sector again, Meituan is testing the food delivery version of Xiaohongshu.
$SUNAC (01918.HK)$ Rising by over 22%, five departments will hold a press conference on real estate tomorrow.
$JD LOGISTICS (02618.HK)$ Increasing by nearly 3%, reaching a strategic cooperation with Hongkong Post, planning to double the overseas warehouse area by the end of next year.
$CM BANK (03968.HK)$ Rising by over 3%, UBS Group expects stability in China's domestic banking in the third quarter, with profits potentially improving in the second half of the year.
$CHINA CINDA (01359.HK)$Rising more than 4%, local AMCs have started to actively participate in debt-to-equity swaps, and AMCs are expected to welcome the Davis double-click.
Top 10 half-day trading volume
编辑/Wade
