Futu News reported on September 27 that the three major Hong Kong stock indices fluctuated and rose. The Hang Seng Index closed up 0.83%, the Codex rose 0.43%, and the National Index rose 0.65%.
By the close, Hong Kong stocks had risen 870, fell 905, and closed 1,191.
The specific industry performance is as follows:
On the sector side, the Science and Technology Network stock rose slightly.Meitu rose more than 4%, Bilibili and Kuaishou rose nearly 2%, JD, Alibaba, and Tencent rose nearly 1%, Baidu rose slightly, and NetEase and Meituan fell more than 1%.
Auto stock trends diverge,Weilai rose nearly 3%, zero surged nearly 1%, Geely and Xiaopeng rose slightly, ideally settled, BYD fell nearly 1%, and the Great Wall fell slightly.
Domestic housing stocks and property management stocks have weakened again.Xuhui Holding Group fell more than 58%, Xuhui Yongsheng Services fell more than 57%, China Evergrande fell nearly 19%, Sunac China and Sunac Services fell more than 4%, Country Garden fell more than 2%, Country Garden Services fell more than 1%, and Longhu Group fell nearly 1%.
Pharmaceutical stocks are rising one after another,Federal Pharmaceuticals rose by more than 8%, Pharmaceutical Ming Kangde and Tiger Pharmaceuticals increased by nearly 8%, Kingsri Biotech rose by more than 7%, Cinda Biotech rose nearly 7%, Zaiding Pharmaceutical rose more than 5%, Rongchang Biotech rose more than 4%, and Cansino Biotech and Pharmaceuticals rose nearly 4%.
Petroleum stocks have been built well,Sinopec rose more than 2%, while CNPC and CNOOC rose more than 1%.
Domestic insurance stocks are in demand,AIA rose nearly 4%, Prudential and China Life Insurance rose nearly 2%, China Financial Insurance rose more than 1%, China Taiping rose nearly 1%, and China Ping An rose slightly.
On the other hand, the National Day box office may have set records, and movie concept stocks continued to be active; the rise in most major financial stocks and mid-cap stocks helped the market rebound; military stocks fell significantly; and non-ferrous metal stocks such as gold performed sluggishly throughout the day.
In terms of individual stocks,$SINOPEC CORP(00386.HK)$It rose by more than 2%, with low inventories and insufficient supply underpinning oil prices.
$INNOVENT BIO(01801.HK)$The increase of nearly 7% hit a four-month high. The agency claims that mastridopeptide is the most rapidly progressing GLP1 dual-target drug produced in China.
$WUXI BIO(02269.HK)$With an increase of nearly 4%, the first independent vaccine CDMO base of the joint venture Yaomingheide was officially put into operation.
$NEW ORIENTAL-S(09901.HK)$It has increased by more than 7%, and misinterpretations of out-of-school training departments will be completely banned from October 15.
$MEITU(01357.HK)$It has increased by more than 4%. Recently, the “AI calligraphy and drawing” function was launched, and the video and design product business is growing strongly.
$CIFI HOLD GP(00884.HK)$After the resumption of trading, it fell by more than 58%. The Group achieved revenue of RMB 47.44 billion in 2022, a year-on-year decrease of 56%.
Today's Top 20 Hong Kong Stock Turnovers
Hong Kong Stock Connect Capital
In terms of Hong Kong Stock Connect, Hong Kong Stock Connect (Southbound) today had a net inflow of HK$3,682 billion.
CICC: Ali Mama's in-depth advertising cooperation with Tencent is beneficial to mutual benefit and win-win situation. Ali and Tencent are rated as “outperforming the industry”
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