Futu News reported on November 6th that Hong Kong stocks collectively fell sharply due to the intense impact of the US election day. The three major indices all declined, with the Hang Seng Index and the National Index falling by nearly 3%, and the Technology Index dropping by over 3%.
By the midday close, 504 Hong Kong stocks rose, 1295 fell, and 1275 remained unchanged.
In terms of sectors, network technology stocks trended lower. JD.com-SW fell by 5.23%, Alibaba-W fell by 3.96%, Kuaishou-W fell by 3.94%, Meituan-W fell by 3.66%, Xiaomi-W fell by 3.01%, Bilibili-W fell by 2.88%, Tencent dropped by 2.29%, and Sensetime-W dropped by 1.83%.
Insurance stocks mostly declined, with China Pacific Insurance falling by over 4%, China Taiping dropping by nearly 4%, New China Life Insurance dropping by nearly 4%, Ping An Insurance dropping by nearly 4%, China Life Insurance falling by nearly 4%, and AIA falling by over 2%.
Mainland real estate stocks generally fell, Cifi Hold Group fell by nearly 6%, Sino-Ocean Group dropped by nearly 6%, Shimao Group fell by nearly 4%, Longfor Group fell by nearly 4%, Zhongliang Hldg dropped by nearly 4%, and RonshineChina fell by nearly 5%.
Alcoholic beverage stocks weakened, San Miguel HK fell by 5.05%, China Resources Beer dropped by 4.58%, Bud APAC fell by 4.33%, ZJLD dropped by 3.65%, Wine's Link rose by 3.13%, Palinda Group rose by 2.94%, Tibet Water Resources rose by 1.43%, and Tsingtao Brew fell by 1.43%.
Auto stocks trended lower, with Geely Auto falling by 4.01%, BYD Company dropping by 3.74%, Great Wall Motor falling by 2.84%, Yadea dropping by 2.84%, Li Auto Inc-W dropping by 2.39%, Guangzhou Automobile Group falling by 1.35%, Leapmotor dropping by 0.91%, and Xpeng-W dropping by 0.60%.
Most lithium battery stocks declined, with Tianqi Lithium Corporation rising by 5.27%, BYD Company dropping by 3.74%, CITIC Guoan Information dropping by 3.04%, Ganfeng Lithium rose by 2.40%, Tianneng Power rose by 1.83%, BYD Electronic fell by 1.46%, Chaowei Power rose by 0.69%, and Leoch Int'l remained unchanged.
In terms of individual stocks, $SUNAC (01918.HK)$ Decreased by nearly 4%, the overall improvement in real estate sales is accompanied by increasing differentiation, and the sustainability of policy effects still needs to be observed.
$WUXI APPTEC (02359.HK)$Increased by nearly 4%, medical insurance negotiations support innovative drugs, and global biomedical financing will rebound in a rate cut environment.
$NCI (01336.HK)$ Decreased by nearly 4%, Jefferies downgraded New China Life Insurance's rating to 'sell'.
$CM BANK (03968.HK)$ Dropping by nearly 4%, the institution pointed out that the interest spread of CM Bank narrowed slightly, while performance remained stable.
$CGN MINING (01164.HK)$Dropping by over 4%, FERC vetoed the Amazon nuclear power agreement, with institutions expecting uranium prices to stabilize.
$CRRC (01766.HK)$Rising over 1%, the performance continues a steady improvement trend, and will benefit from both new markets and equipment upgrades in the future.
Top 10 half-day trading volume
编辑/Wade
