Futu News reported on May 9 that the three major indices of Hong Kong stocks rose sharply. As of press release, the Hang Seng Index had risen 0.75%, the Hang Seng Technology Index had risen 1.36%, and the State-owned Enterprises Index had risen 1.15%.
On the sector side, technology stocks rose; Lenovo Group rose more than 6%, SMIC rose nearly 4%, and Meituan rose more than 3%.
Biotech stocks strengthened. Lai Kai Pharmaceutical rose nearly 11%, Shengnuo Pharmaceutical rose more than 9%, and Pharmaceutical Biotech rose nearly 5%.
Photovoltaic solar energy stocks rose, Xinyi Solar Energy rose nearly 5%, Follett Glass rose nearly 4%, and GCL Technology rose more than 3%.
The Apple industry chain sector continued to improve. Qiu Titanium Technology rose more than 4%, Shunyu Optical Technology rose more than 3%, and Ruisheng Technology rose more than 2%.
The shipping and port sector was strong. Pacific Shipping rose nearly 5%, Dongfang Overseas International and COSCO Maritime Control rose more than 4%, and COSCO Marine Energy rose nearly 3%.
Domestic housing stocks generally rose. Agile Group rose nearly 4%, while Sunac China and China Resources Land rose more than 2%.
In terms of individual stocks,$BYD ELECTRONIC (00285.HK)$It rose more than 8%, leading the way in which stocks were divided; the Ministry of Industry and Information Technology said it intended to guide lithium battery companies to reduce manufacturing projects that simply expand production capacity.
$BEIGENE (06160.HK)$Up more than 7%, the company's total revenue in the first quarter reached 752 million US dollars, up 68% year on year; net loss narrowed year on year.
$ZAI LAB (09688.HK)$It rose nearly 14%. Previously, it had risen nearly 18%. The company's net product revenue for the first quarter totaled US$87.1 million, an increase of 39% over the previous year.
$DONGYUE GROUP (00189.HK)$With an increase of more than 5%, the agency pointed out that third-generation refrigerants are expected to enter the redemption period for product prices and stock prices.
Editor/Jeffrey