Futu News reported on June 3 that the three major indices of Hong Kong stocks opened high and rose strongly. As of press release, the Hang Seng Index was up 2.6%, the Tech Index was up 3.16%, and the National Index was up 2.94%.

On the sector side, auto stocks led the way, with GAC Group rising more than 6%, Ideal Auto and NIO rising nearly 6%, BYD shares rising more than 5%, and Geely Automobile and Great Wall Motors rising more than 4%.

TechNet stocks rebounded. Bilibili rose nearly 5%, Meituan rose more than 4%, Tencent and Ctrip rose nearly 4%, NetEase and Xiaomi rose more than 3%, and Alibaba rose nearly 3%.

Apple's concept stocks improved. BYD Electronics rose nearly 7%, Shunyu Optical Technology rose more than 4%, and Qiu Titanium Technology rose more than 3%.

Port and shipping stocks generally rose, with COSCO Marine Control up nearly 7%, Orient Overseas International up more than 5%, COSCO Marine up nearly 5%, and COSCO Marine Energy up more than 3%.

Catering stocks picked up, with Haidilao up nearly 5%, Yum China up more than 4%, and Jiumaojiu, Helen's, and Dajayle Group rising more than 2%.

Domestic housing stocks rose; Greentown China rose more than 5%; Midea Real Estate and China Overseas Development rose more than 4%; Longhu Group and Yuexiu Real Estate rose more than 3%.

In terms of individual stocks,$UBOT HOLDING (08529.HK)$It was first listed, opened 32% higher in early trading, then fluctuated and declined, and is now up 6%.

$HUA HONG SEMI (01347.HK)$Chip stocks rose by more than 7%, and the revenue of the global foundry industry increased 12% year on year in Q1.

$CSTONE PHARMA-B (02616.HK)$With an increase of more than 11%, the European Commission on Medicines for Human Use recommended approval of sugarizumab for first-line treatment of non-small cell lung cancer.

$GENSCRIPT BIO (01548.HK)$It fell 20% and was investigated by a US House Committee.

edit/lambor