Futu News on October 28th, the three major Hong Kong stock indexes showed mixed movements, with Hang Seng Index and H-share index falling by 0.21% and 0.18% respectively, while the technology index rose by 0.63%.
As of the midday close, 815 stocks rose in the Hong Kong stock market, 900 fell, and 1358 remained unchanged.
Sector-wise, network technology stocks surged, with Bilibili-W up 4.91%, Kuaishou-W up 2.83%, Alibaba-W up 1.89%, Xiaomi Group-W down 1.73%, Tencent down 1.19%, JD.com-SW up 0.70%, Sensetime-W up 0.62%, Meituan-W up 0.27%.
Mainland real estate stocks rose, CIFI Holdings Group surged by nearly 9%, Agile Group rose by over 7%, Sino-Ocean Group rose by over 5%, Sunac Group rose by over 6%, Ronshine China rose by over 5%, and R&F Properties rose by nearly 5%.
Steel stocks surged, with Chongqing Iron up over 40%, Chinavtm Mining up nearly 12%, Maanshan Iron up over 13%, IRC up over 9%, Angang Steel up over 9%, China Hanking up nearly 5%.
Building materials stocks strengthened, with CNBM up 5.62%, Huaxin Cement up 3.85%, China Lesso up 3.37%, BBMG Corporation up 2.60%, Westchinacement up 1.83%, Conch Cement up 1.80%, CR Bldg Mat Tec up 0.50%, Asia Cement (China) down 0.42%.
Casinos and gaming stocks performed well, with Sands China Ltd up 2.97%, Emperor E Hotel down 2.86%, Galaxy Entertainment up 1.90%, SJM Holdings up 1.48%, Nagacorp up 0.93%, Melco Int'l Dev up 0.83%, MGM China up 0.76%, Wynn Macau up 0.64%.
Most photovoltaic power stocks fell, with Xinyi Solar down 3.57%, Xinte Energy up 3.21%, Xinyi Energy down 3.12%, GCL Tech down 2.34%, Fuyao Glass down 2.27%, Flat Glass down 2.17%, Triumph New En down 1.94%, Xinyi Glass up 0.79%.
Digital health stocks generally rose, JD Health up 2.07%, Ali Health up 2.04%, Ping An Good Doctor up 2.01%, Dingdong Health down 1.64%, Za Online up 0.29%, and Medlinker unchanged.
Dining stocks rose across the board, Super Hi down 3.83%, Jiumaojiu up 3.22%, Haidilao up 2.97%, Xiabuxiabu up 2.88%, Helen's up 2.13%, Yum China up 1.75%, Nayuki up 0.70%, and Dpc Dash unchanged.
In terms of individual stocks, $BABA-W (09988.HK)$ Rising nearly 2%, Tmall's November 11 overseas orders surged, with 0.07 million global free shipping merchants doubling their transactions.
$BILIBILI-W (09626.HK)$ Up nearly 5%, Bank of America Securities raised Bilibili's target price to $22.5.
$SUNAC (01918.HK)$ Rising more than 6%, many places are increasing support for real estate policies, implementing and refining the "two increases".
$JD LOGISTICS (02618.HK)$Rising nearly 2%, recently signed a further deepening cooperation agreement with Ruijie Networks.
$XTEP INT'L (01368.HK)$ Rising nearly 4%, JPMorgan raised Xtep International's target price, stating that its core retail sales in the third quarter met expectations.
$IRC (01029.HK)$ Surging over 9%, China Iron and Steel Industry Association stated that it will accelerate capacity governance and joint restructuring.
$CR BEVERAGE (02460.HK)$Rising more than 4%, the company is in the process of transforming towards a diverse beverage product portfolio, with institutions expecting notable performance achievements in this stage.
Top 10 half-day trading volume
编辑/Wade