Futu News reported on January 7 that the three major Hong Kong stock indices fell. $Hang Seng Index (800000.HK)$ Dropped by 1.93%, $Hang Seng TECH Index (800700.HK)$ Dropped by 2.37%, $Hang Seng China Enterprises Index (800100.HK)$ Dropped by 2.14%.
As of the midday close, 529 stocks in Hong Kong rose, 1242 fell, and 1328 remained unchanged.
In terms of sectors, Network Technology stocks weakened, with XIAOMI-W down 8.13%, TENCENT down 6.79%, SHENGTANG-W down 3.01%, MEITUAN-W down 2.06%, Alibaba down 1.52%, JD-SW down 1.40%, NTES-S down 0.66%, and KUAISHOU-W down 0.62%.
Some Metal mineral stocks went against the trend to rise, with CGN MINING up 4.49%, CMOC Group Limited up 3.29%, and Jl Mag Rare-Earth up 2.56%.
Most Mobile Game stocks fell, with IDREAMSKY up 8.77%, TENCENT down 6.79%, XD INC down 3.71%, KINGSOFT down 2.91%, Bilibili-W down 1.50%, BOYAA up 0.76%, and NTES-S down 0.66%.
Most Biotechnology stocks fell, with EVEREST MED-B down 6.35%, WUXI BIO down 4.22%, WUXI APPTEC down 3.54%, JINGTAI HOLDING-P up 3.41%, JUZHOU BIOTECH down 2.58%, BEIGENE down 2.24%, AKESO down 1.94%, and LAEKNA-B up 0.18%.
Shipping and Ports stocks declined, with COSCO Shipping Holdings down 3.47%, CHINA MER PORT down 2.49%, COSCO SHIP ENGY down 2.40%, Sinotrans Limited down 1.95%, PACIFIC BASIN down 1.84%, OOIL down 1.82%, and SITC down 0.47%.
Most Insurance stocks fell uniformly, with CHINA TAIPING down 2.53%, New China Life Insurance down 2.02%, PICC GROUP down 1.64%, AIA down 1.54%, China Life Insurance down 1.43%, China Pacific Insurance down 1.30%, PICC P&C down 1.02%, and Ping An Insurance down 0.85%.
Pharmaceutical stocks mostly fell, with SHANDONG XINHUA down 8.33%, HEC CJ PHARM down 5.03%, Hutchmed (China) down 2.65%, SINO BIOPHARM down 2.29%, CSPC PHARMA down 2.19%, and HANSOH PHARMA down 1.57%.
In terms of individual stocks,$TOPSPORTS (06110.HK)$Up 4.01%, the company prioritizes inventory clearance in the short term, and UBS has confidence in the group's dividend-paying ability.
$MANY IDEA CLOUD (06696.HK)$Down over 25%, it is recommended to implement a share consolidation, merging 20 shares into 1 share.
$TCL ELECTRONICS (01070.HK)$Up 0.64%, at one point during the session rose over 5%, its subsidiary Thunderbird Innovation is expected to fully benefit from the AI industry explosion.
$MMG (01208.HK)$Up 3.23%, the implementation of US tariffs may be relatively moderate, and institutions believe that Copper prices are expected to benefit.
$ARTS OPTICAL (01120.HK)$Increased by 55.56%, reached a strategic cooperation with DPVR and German Stepper glasses, expanding into the global AI glasses market.
$TENCENT (00700.HK)$Decreased by 6.79%, listed on the USA Department of Defense's 1260H list; TENCENT responded: it is a mistake, and they will work together to resolve the misunderstanding.
$CGN MINING (01164.HK)$Increased by 4.49%, Cameco unexpectedly suspended production, which may raise market concerns about natural uranium supply.
Top 10 by trading volume in the half day.
Editor/danial
