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Hong Kong Stock Midday Review | The Hong Kong stock market continues to be sluggish, with the Technology Index down over 1%; domestic property and pharmaceutical outsourcing stocks weakened, with china res land and wuxi bio down over 3%, while cryptos con

Futu News ·  Nov 14 12:13

On November 14, Futu News reported that the three major indices of the Hong Kong stock market fell, with the Hang Seng Index down by 0.88%, the Tech Index down by 1.43%, and the National Index down by 0.98%.

As of the midday close, 525 stocks in the Hong Kong market rose, 1,145 fell, and 1,412 ended flat.

In terms of sectors, network technology stocks performed poorly, with JD.com-SW down by 4.37%, Meituan-W down by 2.51%, SenseTime-W up by 1.86%, Xiaomi Group-W down by 1.73%, Tencent up by 1.58%, Alibaba-W down by 1.55%, Kuaishou-W down by 0.67%, and Netease-S down by 0.00%.

Mainland real estate stocks fell, with China Res Land down over 3%, China Overseas down over 2%, China Vanke down nearly 3%, Longfor Group down over 5%, C&D Intl Group down nearly 3%, and Sunac down over 3%.

Cryptos concept stocks strengthened, with Boyaa up over 7%, OKG Tech up nearly 6%, and Meitu up over 5%.

Nonferrous metals stocks weakened, with JL Mag Rare-Earth down by 7.30%, Chinahongqiao down by 4.78%, Ganfenglithium down by 4.06%, CMOC Group Limited down by 3.91%, Aluminum Corporation of China down by 3.31%, Tianqi Lithium Corporation down by 3.19%, SD Gold down by 2.35%, and Zijin Mining Group down by 1.87%.

Apple supplier stocks mostly declined, with FIH down by 8.60%, Tongda Group down by 3.37%, BYD Electronics down by 2.87%, Q Tech down by 2.84%, AAC Tech down by 2.74%, Sunny Optical down by 2.24%, Cowell down by 1.88%, and Vstecs up by 0.82%.

Casinos and gaming stocks weakened, with Century Ent Int down by 7.55%, Galaxy Ent down by 3.07%, Sands China Ltd down by 2.66%, Melco Int'l Dev down by 2.64%, MGM China down by 1.56%, Wynn Macau down by 1.22%, SJM Holdings down by 1.09%, and Nagacorp down by 0.65%.

Most lithium battery stocks declined, with ganfenglithium down 4.06%, tianqi lithium corporation down 3.19%, byd electronics down 2.87%, byd shares down 2.18%, honbridge group up 2.04%, leoch int'l down 1.29%, zhongxin innovation down 0.65%, and tianneng power down 0.30%.

In terms of individual stocks, $TENCENT (00700.HK)$ Up over 1%, tencent announced its third-quarter results yesterday, with earnings exceeding market expectations.

$KINGDEE INT'L (00268.HK)$ Up over 5%, kingdee int'l recently launched its AI-native mobile application, the Cangqiong APP.

$VITASOY INT'L (00345.HK)$Up over 3%, with a cumulative increase of more than 1.3 times since the end of September, Huang Zhida's shareholding ratio rose to 11.04%.

$TUHU-W (09690.HK)$Increased by over 4%, launched multiple new products at the Shanghai Import Expo, and was recently included in the msci chinese index.

$SAMSONITE (01910.HK)$Increased by nearly 5%, third-quarter net profit decreased by 39.1% year-on-year, ubs group indicated that the company may reach a turning point.

Top 10 half-day trading volume

编辑/Wade

The translation is provided by third-party software.


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