On November 22, Futu News reported that Hong Kong stocks opened high but closed low, with all three major indices falling. The Hang Seng Index dropped 1.31%, the Tech Index fell 1.19%, and the National Index decreased by 1.41%.
As of the midday close, 460 Hong Kong stocks rose, 1,262 fell, and 1,358 remained flat.
In terms of sectors, network technology stocks weakened, with Baidu Group-SW falling 9.06%, Xiaomi Group-W rising 3.20%, Alibaba-W decreasing 2.96%, Kuaishou-W dropping 2.59%, Meituan-W down 2.26%, Tencent Holdings falling 0.74%, Netease-S up 0.22%, and JD Group-SW slightly down 0.07%.
Securities and brokerage stocks declined, with China Merchants falling 4.47%, CSC down 4.13%, China International Capital Corporation decreasing 3.84%, China Galaxy down 3.62%, HTSC falling 3.41%, GTJA dropping 3.20%, Everbright decreased by 2.03%, and Haitong Securities down 2.00%.
Semiconductor stocks broadly declined, with Solomon Systech falling 6.86%, Ingdan down 5.67%, Hua Hong Semi dropping 5.23%, Semiconductor Manufacturing International Corporation decreasing 3.54%, CE Huada Tech down 2.31%, Shanghai Fudan down 1.90%, HG Semi closing flat, and AV Concept Hold also finishing flat.
Contract research organization stocks declined, with Wuxi Apptec dropping nearly 4%, Wuxi Bio down nearly 4%, Tigermed decreasing over 3%, Pharmaron falling over 4%, and Genscript Bio dropping over 3%.
Apple supplier stocks performed well, with AAC Tech rising 9.29%, Q Tech increasing 7.69%, Sunny Optical gaining 4.75%, BYD Electronics up 4.73%, Vstecs rising 1.79%, Cowell increasing 1.25%, TK Group Hldg falling 1.11%, and FIH closing flat.
Digital health stocks saw several declines, with Ali Health down 4.26%, JD Health dropping 4.02%, ZA Online down 3.71%, pa gooddoctor falling 1.80%, Dingdang Health declining 1.72%, and Meidi Weikang closing flat.
Dining stocks weakened, with Helen's falling by 4.03%, yum china down by 3.61%, super hi dropping by 3.51%, jiumaojiu down by 2.83%, haidilao falling by 2.71%, dpc dash down by 2.32%, naixue's tea decreasing by 1.38%, and cafe de coral h rising by 0.93%.
In terms of individual stocks, $BIDU-SW (09888.HK)$ Falling over 9%, ubs group lowered the target price for baidu to 119 yuan, waiting for the core advertising growth to turn around.
$XIAOMI-W (01810.HK)$ Rising over 3%, there are reports that Xiaomi's second vehicle is planned to launch in February or March next year.
$SMIC (00981.HK)$ Dropping over 3%, institutions stated that semiconductor manufacturing international corporation's 7-nanometer process yield is low and unreliable, and cannot guarantee supply to Huawei.
$CMSC (06099.HK)$ Fell over 4%, China Merchants Securities counter-sued in a case involving financial fraud related to a merger and acquisition with Zhong An Ke.
$POP MART (09992.HK)$Increased nearly 5%, stock price reached a new high in over three and a half years, as the company expands overseas to create a second growth curve.
$BOYAA (00434.HK)$Increased nearly 5%, with net profit in the first three quarters growing by nearly 1.5 times year-on-year, as the company holds approximately 2,688 bitcoins.
Top 10 half-day trading volume
编辑/Wade
