The search popularity for New Year's Eve flights surges by 2.5 times, and the extended holiday will significantly drive the growth in travel demand.
According to the Wise Wealth APP, the Hang Seng Index fell by 1.31% in early trading to 19,343 points; Hang Seng Tech Index dropped by 1.19%.
The search popularity for New Year's Eve flights surges by 2.5 times, and the extended holiday will significantly drive the growth in travel demand. Aviation stocks continue to rise, with Air China Limited (00753) up by 3.16% to 4.90 Hong Kong dollars; China Southern Airlines (01055) up by 2.79%; China Eastern Airlines (00670) up by 1.28%.
Apple plans to launch an improved version of Siri, and institutions believe that AI advancement is expected to drive long-term growth in consumer electronics. The mobile industry chain rises, with Sunny Optical (02382) up by 4.83%; AAC Tech (02018) up by 9.29%; Q Tech (01478) up by 7%; Cowell (01415) up by 1.46%.
Intensive implementation of new policies in prime real estate areas will lead to continued improvement in industry data. Mainland real estate stocks rise during trading, with R&F Properties (02777) up by 4.62% to 1.81 Hong Kong dollars.
Leading stocks in AI applications continue to surge, with Mobvista (01860) up by 17.57%; Fourth Paradigm (06682) up by 5%.
XD Inc (02400) surges over 6% again, with 'Mafin' data exceeding expectations both domestically and internationally, benefiting from intensified industry competition.
Kingsoft Cloud (03896) rises over 5% again, resuming and amending the related transaction framework agreement with Xiaomi, enhancing revenue visibility for the company.
Idreamsky (01119) rose more than 4%, establishing an AI joint innovation laboratory with Tencent Cloud, and 'Karabbit Qiu' was launched globally today.
China Resources Beverage (02460) fell more than 4% to a new low, nearly 20% lower than the IPO price, with institutions citing intense price competition in bottled water.