Futu News on June 17, the Hang Seng Index fluctuated repeatedly in the afternoon. As of press time, it is up 0.09% or 25 points at 28462 points.

XIAOMI rose 0.89%. According to a report released by the research agency IDC, European wearable device shipments increased by 33 per cent year-on-year to 22 million units in the first quarter of this year, with a significant recovery in the wearable market after disruptions in the supply chain and consumer confidence, mainly benefiting from increased interest in health monitoring among users. Among them, XIAOMI's shipments fell 2.4% to 2.5 million units, ranking third with a market share of 11.5%.

BABA weakens slightly. A few days ago, Ant Wealth appeared in the co-brand of Euro 2020. Ant Wealth is a financial platform brand of Ant Group, which mainly provides services through the financial channels of Ant Fortune App and Alipay App. During this European Cup, many brands of Ant Group have appeared independently, including Alipay, Ant Fortune, block chain brand "Ant chain" and cross-border payment brand "Wanlihui". This means that multi-brand independent development or Ant Group's next development ideas.

Kuaishou Technology fell by more than 6 per cent. A new low has been set for listing in the fast disk. In addition, Morgan Stanley maintains Kuaishou Technology-W "overweight" rating, with a target price of HK $300.

JD.com rose 1.31%, Bilibili Inc. rose 1%, Meituan rose 0.07%, and Baidu, Inc., Tencent and NetEase, Inc weakened slightly.

Semiconductor stocks rose strongly in the afternoon. Among them, Hua Hong Semiconductor rose by more than 8% and Semiconductor Manufacturing International Corporation by more than 5%. On the news side, as the supply of wafer foundry mature process exceeds demand, it is reported in the industry that wafer foundry quotations will be raised by up to 30% in the third quarter, far higher than the initial market expectation of 15%. Semiconductor Manufacturing International Corporation, the largest foundry in China, recently responded to investors' questions on the interactive platform, saying that the company's production capacity is in short supply.

Other stocks, Zhongan Online rose more than 5%, China Literature rose 0.58%; Ping An Healthcare And Technology, Alibaba Health Information Technology, New Oriental Education & Technology Group online have weakened.

According to the Futuo Niuniu Hong Kong stock trading hot list today, the top stocks include Angelalign Technology Inc., Meituan, JD Logistics, Inc., XIAOMI, Sihuan Pharmaceutical, COSCO Shipping Holdings, Great Wall Motor, BABA and so on.