Hong Kong stocks continued their downward trend this week. By Friday's close, the Hang Seng Index fell 3.43% to nearly 20, 000 points; the Hang Seng Technology Index fell 5.80% to close at 4010.66 points; and the State-owned Enterprises Index fell 4.12% to close at 6703.45 points.

Individual stocks$Meitu, Inc. (01357.HK)$It has risen more than 36% against the market this week, and the share price has doubled during the year.The company expects to turn a profit in 2022, with AIGC revenue growing by more than 50 per cent year-on-year. In addition, Internet Weekly released "AIGC Application Innovation TOP30 2022", with Meitu ranking seventh.

The Hong Kong Budget announced that it first proposed to adjust the stamp duty on the first suite, which was stimulated by the news.$LVGEM CHINA (00095.HK)$It has soared by more than 27% this week.

$ARRAIL GROUP (06639.HK)$This week, the cumulative increase of more than 20%, many places to reduce dental implant service fees, the agency said that the number of dental implant surgery is expected to rebound after the policy is landed.

$PACIFIC BASIN (02343.HK)$It has achieved five consecutive gains this week, with a cumulative increase of more than 16%. On the face of the news, due to the increase in demand for various types of ships, the Baltic dry bulk Freight Index (BDI) recently rebounded from the bottom, out of five Lianyang. In addition, the company reported record basic profit and earnings before tax, interest, depreciation and amortisation of $715 million and $935 million respectively in 2022. Net profit of $702 million was the second highest ever, with a return on equity of 38 per cent.

On the other hand, the weaker stocks this week are as follows:

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