According to Futu News on January 9, the Hong Kong stock market opened lower but recovered, with the three major indices rising at the beginning of the session. The Technology Index once increased by over 1%; as of the midday break, $Hang Seng Index (800000.HK)$ it rose by 0.09%, $Hang Seng TECH Index (800700.HK)$ it rose by 0.17%, $Hang Seng China Enterprises Index (800100.HK)$ it rose by 0.13%.
As of the midday close, 839 Hong Kong stocks rose, 789 fell, and 1475 remained flat.
In the Sector aspect, Network Technology stocks showed mixed results, with Bilibili down 3.60%, XIAOMI-W up 2.59%, MEITUAN-W down 2.32%, NTES-S up 2.19%, JD-SW down 2.07%, and TENCENT up 1.63%.
Semiconductor stocks performed well, with Semiconductor Manufacturing International Corporation up 4.42%, HUA HONG SEMI up 2.74%, SOLOMON SYSTECH up 2.22%, HG SEMI up 1.89%, INGDAN up 1.56%, and the InnoCare Pharma up 0.97%, SHANGHAI FUDAN up 0.86%, and CE HUADA TECH up 0.85%.
Sporting Goods stocks performed well, with ANTA SPORTS up 5.32%, TOPSPORTS down 3.44%, LI NING down 3.30%, YUE YUEN IND down 1.94%, HONMAGOLF down 1.50%, XTEP INT'L up 1.44%, 361 DEGREES down 0.25%, and CHINA DONGXIANG unchanged.
Hong Kong Retail Stocks showed weakness, with BOSSINI INT'L up 3.81%, PRADA down 2.76%, SAMSONITE down 2.19%, GIORDANO INT'L up 1.92%, SA SA INT'L down 1.47%, CHOW SANG SANG up 0.31%, CHOW TAI FOOK down 0.30%, and LUK FOOK HOLD up 0.14%.
Shipping and Ports stocks showed weakness, with COSCO Shipping Holdings down 3.93%, COSCO SHIP ENGY down 2.05%, Sinotrans Limited up 1.97%, Qingdao Port International down 1.46%, OOIL down 1.43%, COSCO SHIP PORT down 1.33%, SITC down 0.10%, and PACIFIC BASIN unchanged.
Biotechnology stocks showed strength, with LAEKNA-B up 14.18%, BEIGENE up 4.49%, EVEREST MED-B down 4.26%, WUXI BIO up 2.79%, WUXI APPTEC up 2.74%, the Chongqing Haisheng Technology Holdings down 2.22%, the Antengene Corporation down 0.65%, and AKESO up 0.44%.
In terms of individual stocks,$LAEKNA-B (02105.HK)$Up over 14%, the company accelerates the promotion of LAE102 clinical research and Institutions are bullish on its future commercialization development.
$WELLCELL HOLD (02477.HK)$Rising over 17% again, the stock price has accumulated a 1.25 times increase in the past three days, having previously introduced a third party as a major shareholder.
$CHINAHONGQIAO (01378.HK)$Rising over 4%, Shandong Hontron Aluminum Industry Holding plans to mergers and acquisitions.acquire all equity of Hongtuo Industrial, which will help to enhance the H-share valuation level of the company.
$KINGBOARD HLDG (00148.HK)$Increased by nearly 6%, driven by AI, the PCB industry's prosperity is on the rise, and the industry's performance release has sustainability.
$LI AUTO-W (02015.HK)$Decreased by nearly 4%, the recent introduction of a replacement subsidy safety net raises concerns among major banks about the impact on first-quarter profits and the potential for a price war.
$TENCENT (00700.HK)$Increased by nearly 2%, Tencent WeChat has been removed from the market blacklist for counterfeit and privacy issues in 2024.
$CATHAY PAC AIR (00293.HK)$Increased by over 4%, will restart direct flights from Hong Kong to Rome, Italy, and recently received a target price upgrade from major banks.
$KINGSOFT CLOUD (03896.HK)$Up nearly 3%, the company benefits from the massive future demand for Cloud Computing Service from XIAOMI-W and KINGSOFT.
$U-PRESID CHINA (00220.HK)$Increased by more than 5% again, Institutions expect that the beverage Business in 2025 is likely to drive an increase in the company's profit margins.
Top 10 by trading volume in the half day.
Editor/jadyen
