Futu News reported on April 16 that the three major indices of the Hong Kong stock market all fell, $Hang Seng Index (800000.HK)$ down 2.53%, $Hang Seng TECH Index (800700.HK)$ down 4.53%, $Hang Seng China Enterprises Index (800100.HK)$ down 3.10%.

As of the midday closing, 394 stocks in the Hong Kong market rose, 1,417 fell, and 1,318 remained unchanged.
In terms of sectors, the Network Technology sector weakened, with MEITUAN-W falling by 7.43%, KUAISHOU-W by 6.25%, JD-SW by 6.21%, XIAOMI-W by 5.45%, Alibaba-W by 5.00%, TENCENT by 3.20%, Baidu Group-SW by 2.92%, and NTES-S by 1.05%.
The Golden Industrial Concept sector strengthened against the trend, with Chifeng Jilong Gold Mining rising nearly 10%, SD GOLD up over 4%, LINGBAO GOLD increasing by 0.52%, ZHAOJIN MINING up over 2%, and TONGGUAN GOLD rising by 0.69%.
The Biotechnology sector fell, with SKB BIO-B down by 11.61%, COWELL down by 9.09%, WUXI XDC down by 8.93%, REMEGEN down by 5.51%, WUXI BIO down by 5.42%, AKESO down by 4.96%, BEIGENE down by 4.83%, and REMEGEN down by 3.29%.
The Apple Supplier sector decreased, with COWELL down by 6.83%, AAC TECH down by 5.77%, SUNNY OPTICAL down by 5.07%, VSTECS down by 4.96%, BYD Electronics down by 4.67%, Q TECH down by 4.28%, TK GROUP HLDG down by 3.63%, and FIH down by 2.74%.
The Automotive sector saw broad declines, with LEAPMOTOR down by 7.87%, XPENG-W down by 7.87%, NIO-SW down by 5.37%, Geely down by 5.26%, LI AUTO-W down by 4.70%, BYD down by 3.94%, Great Wall Motor down by 3.90%, and YADEA down by 3.70%.
The Lithium Battery sector experienced widespread declines, with LEOCH INT'L down by 5.71%, BYD Electronics down by 4.67%, TIANNENG POWER down by 4.48%, China Innovation Aviation down by 4.11%, BYD down by 3.94%, Tianqi Lithium Corporation down by 3.88%, GANFENGLITHIUM down by 3.39%, and CHAOWEI POWER down by 0.74%.
The Photovoltaic Power sector saw many stocks decline, with XINYI SOLAR down by 6.62%, FLAT GLASS down by 5.69%, GCL TECH down by 4.82%, XINTE ENERGY down by 4.32%, XINYI GLASS down by 3.70%, XINYI ENERGY down by 3.33%, FUYAO GLASS down by 2.81%, and TRIUMPH NEW EN down by 2.60%.
In terms of individual stocks,$XIAOMI-W (01810.HK)$Fell over 5%, a financing plan of nearly 60 billion yuan announced within a month, it is reported that the company investor day is postponed until June.
$FANGZHOU JIANKE (06086.HK)$Rose over 17%, last year's adjusted net income increased by 139% year-on-year.
$SYNAGISTICS (02562.HK)$Rose over 27%, cross-border e-commerce is expected to grow significantly, the company is a Southeast Asia e-commerce solution platform under Alibaba.
$CIMC (02039.HK)$Rose over 2%, an increase of 438% year-on-year is expected for net income in the first quarter, reaching 677%.
Top 10 trading volumes for the half-day.
Editor/danial