Futu News reported on April 8 that the three major indices of Hong Kong stocks opened low and moved higher. As of press release, the Hang Seng Index had risen 0.75%, the Science Index had risen 0.87%, and the National Index had risen 0.91%.
On the sector side, auto stocks strengthened collectively. GAC Group rose nearly 6%, Great Wall rose more than 5%, Ideal rose more than 4%, and BYD and Geely rose more than 1%.
Petroleum stocks improved. CNOOC Services rose nearly 9%, while CNOOC, CNPC, and Sinopec rose more than 2%.
Gold stocks rose strongly. Zhaojin Mining rose more than 8%, Shandong Gold rose nearly 7%, China Gold International rose more than 4%, and Zijin Mining rose more than 3%.
Chinese brokerage stocks continued to rise. Cathay Pacific Junan and Huatai Securities rose more than 3%, while CICC, China Galaxy, and Haitong Securities rose more than 2%.
In terms of individual stocks,$HUANENG POWER (00902.HK)$Electricity stocks rose by more than 7%. The growth rate of electricity consumption exceeded expectations, and thermal power companies' profits improved sharply last year.
$JIANGXI COPPER (00358.HK)$With a rise of more than 5%, the stock price hit a new high in recent years. Goldman Sachs expects copper prices to rise 65% by 2025.
$GAC GROUP (02238.HK)$It rose nearly 6%, and the joint venture between GAC Aian and Didi Autonomous Driving was approved.
$CHINA OILFIELD (02883.HK)$The increase was more than 8%. The company said that the suspension of operations on the 4 drilling platforms had little impact on the company's drilling sector.
editor/tolk