险资近五年来首次举牌券商股，机构称目前H股券商估值具有吸引力。中资券商股集体拉升，申万宏源(06806)涨3.23%；中金公司(03908)涨2.58%。The probability of the Federal Reserve lowering interest rates this month remains high, and both domestic and foreign pharmaceutical investment and financing are expected to gradually recover.
According to Zhitong Finance APP, the Hang Seng Index rose by 1.40% in the morning session, reporting 19,834 points; the Hang Seng Tech Index rose by 1.72%.
Domestic and foreign pharmaceutical investment and financing are expected to gradually recover, CRO concept stocks rose in the morning session, with Wuxi Apptec (02359) rising by 9.9%; Wuxi Bio (02269) rising by 8%; Pharmaron (03759) rising by 7.24%; Asymchem Laboratories (06821) rising by 4.78%.
For the first time in five years, insurance funds have increased their stake in brokerage stocks, and institutions say that H-share brokerages currently have attractive valuations. China-affiliated brokerages collectively surged, with SWHY (06806) rising by 3.23%; China International Capital Corporation (03908) rising by 2.58%.
Major insurance companies are launching their profitable products for the 25th year, and institutions expect the good sales trend to continue. Mainland insurance companies rose collectively, with New China Life Insurance (01336) rising by 4.97%; China Pacific Insurance (02601) rising by 3.63%.
Trip.com Group-S (09961) rose over 4%, and the tourism economy is expected to remain prosperous, with institutions stating that the company's third-quarter performance exceeded expectations.
New Oriental-S (09901) rose nearly 4%, and will officially enter the Hang Seng Index component stocks next Monday, with JPMorgan expecting its new quarterly performance to meet market expectations.
There is strong demand for national examination training, and AI education is favored by the market, leading to Fenbi (02469) rising over 9%.
Kingdee Int'l (00268) rose nearly 9%, as the company launched the Cangqiong GPT large model, and the Cangqiong APP further achieved integration.
Recently, many regions across the country have issued consumer vouchers, and expectations for major meetings continue to heat up. Dining stocks mostly rose, with Xiabuxiabu (00520) up 8.82%, closing at 1.11 HKD; Yum China (09987) rose 4.11%; Haidilao (06862) increased by 3.76%; and Jiumaojiu (09922) went up 3.88%.
Fit hon teng (06088) fell over 5%, as Hon Hai's November revenue was weak, raising market concerns that AI demand may not offset Apple’s sluggish performance.
The cryptocurrency market experienced significant fluctuations at high levels, with bitcoin concepts plummeting across the board, Linekong (08267) dropped 8.57%; OSL Group (00863) fell 5.81%.
