News from Futu on June 16 indicates that the three major Hong Kong stock indices saw mixed results. $Hang Seng Index (800000.HK)$ Down 0.12%, $Hang Seng TECH Index (800700.HK)$ Increase of 0.15%, $Hang Seng China Enterprises Index (800100.HK)$ Down 0.04%.
As of the midday close, 974 stocks in Hong Kong rose, 838 fell, and 1,327 closed flat.
In terms of sectors, Network Technology stocks have mixed performance, with KUAISHOU-W rising 4.26%, XIAOMI-W up 3.85%, Bilibili-W increasing by 2.50%, MEITUAN-W down 1.16%, KUAISHOU-W up 1.03%, TENCENT falling 0.98%, Alibaba-W down 0.18%, and JD-SW declining 0.08%.
Chinese brokerage stocks showed active performance, with HOLLY FUTURES rising over 14% and CC SECURITIES up over 4%.
Hong Kong retail stocks advanced, with CHOW TAI FOOK increasing 6.49%, CHOW SANG SANG rising 4.19%, SAMSONITE up 1.84%, SA SA INT'L increasing 1.61%, LUK FOOK HOLD up 1.41%, GIORDANO INT'L rising 0.74%, and PRADA up 0.43.
Property stocks surged, with RADIANCE HLDGS rising nearly 68%, R&F PROPERTIES up over 10%, and SINO-OCEAN GP increasing by nearly 8%.
Gold stocks mostly weakened, with TONGGUAN GOLD up 5.24%, LINGBAO GOLD down 4.76%, ZHAOJIN MINING declining 3.00%, Zijin Mining Group down 2.39%, SD GOLD falling 2.07%, Zhu Feng Gold up 2.00%, Chifeng Jilong Gold Mining down 1.41%, and CHINAGOLDINTL decreasing 0.28.
Property service and management stocks all rose, with EVERG SERVICES increasing 3.85%, CHINA RES MIXC up 3.03%, A-LIVING rising 2.71%, POLY PPT SER up 2.20%, CHINA OVS PPT increasing 1.87%, GREENTOWN MGMT up 1.37%, CG SERVICES rising 1.36%, and GDS-SW increasing 0.72.
Digital Health stocks rose, with Maidi Weikang increasing 18.18%, ZA ONLINE up 9.84%, Dingdang Health rising 3.33%, PA GOODDOCTOR increasing 2.32%, ALI HEALTH up 1.30%, and JD HEALTH rising 0.37.
Lithium Battery stocks mostly declined, with Tianqi Lithium Corporation down 2.45%, GANFENGLITHIUM decreasing 2.12%, LEOCH INT'L rising 2.08%, BYD Co. falling 1.98%, TIANNENG POWER down 0.49%, and BYD Electronics decreasing 0.16.
As for individual stocks,$CIRRUS (02507.HK)$Surged over 4% to reach a new high since its listing, with full-year delivery expected to exceed expectations. The company is a general aviation manufacturer under AVIC.
$GDS-SW (09698.HK)$Increased nearly 6%, with the global computing power still thriving. The company is expected to fully benefit from the growth in demand for data centers.
$CICC (03908.HK)$Gained over 2%, with Morgan Stanley predicting the company's stock price will rise in the next 30 days, and the remaining time this year will gradually reflect profit earnings in the market.
$YOFC (06869.HK)$Up more than 7%, the industrialization progress of hollow-core optical fibers is accelerating, and the company will benefit from the demand for artificial intelligence network products.
$XIAOMI-W (01810.HK)$Up nearly 4%, set to release major products such as Xiaomi Yu7 at the end of June.
$KINGSOFT (03888.HK)$Up nearly 11%, will launch "Limit Breaker" next month, and Morgan Stanley estimates the performance of the new game is likely to become a key driving force for the stock price.
Top 10 by half-day trading volume.
Editor/danial
