Futu News on November 1st, the Hong Kong stock market rose at midday, with all three major indexes up, Hang Seng Index up 1.57%, Technology Index up 0.79%, and National Index up 1.82%.
As of the midday close, 924 stocks in Hong Kong rose, 791 fell, and 1360 remained unchanged.
In terms of sectors, technology-related stocks surged, with Tencent Holdings up 4.15%, Meituan-W up 3.89%, JD-SW up 2.96%, Xiaomi-W up 2.25%, Kuaishou-W up 1.85%, SenseTime-W down 1.28%, NetEase-S up 1.21%, and Alibaba-W up 1.16%.
Real estate sectors showed strength, with China Overseas Development up nearly 6%, China Resources Land up nearly 6%, Greentown China up nearly 5%, Yuexiu Property up over 4%, Zhongliang Holdings up 5%, and Shimao Group up over 4%.
Shipping and port stocks rose, with COSCO Shipping Holdings up 8.15%, OOIL up 5.20%, CMOC Group Limited down 4.31%, COSCO Shipping Development up 2.88%, Sinotrans Limited up 2.01%, Pacific Basin up 1.87%, Sitc up 1.82%, and COSCO Ship Engy up 1.08%.
Mobile game stocks saw a general increase, with Tencent Holdings up 4.15%, IDreamSky down 3.38%, Bilibili-W up 1.47%, CMGE down 1.27%, NetEase-S up 1.21%, IGG down 0.97%, Kingsoft down 0.19%, and XD Inc unchanged.
Nonferrous metal stocks rose, with JL Mag Rare-Earth up 38.46%, China Aluminum International Engineering Corporation up 11.44%, GanfengLithium up 7.71%, CMOC Group Limited up 5.89%, Aluminum Corporation of China up 5.25%, Jiangxi Copper up 4.43%, Chinahongqiao up 4.31%, and Zijin Mining Group up 2.77%.
Heavy infrastructure stocks continued to rise, with China Aluminum International Engineering Corporation up 11.44%, China Comm Cons up 5.01%, China Railway up 3.87%, Metallurgical Corporation of China up 3.59%, China Railway Construction Corporation up 3.01%, China State Con up 1.93%, C Carbonneutral down 1.69%, and Yee Hop Hldgs unchanged.
Casinos and gaming stocks rose, with Sands China Ltd up 3.68%, MGM China up 2.38%, Paradise Ent down 2.22%, Galaxy Ent up 1.88%, Melco Int'l Dev up 1.67%, SJM Holdings up 1.50%, Wynn Macau up 1.30%, Nagacorp up 1.25%.
In terms of individual stocks, $TENCENT (00700.HK)$ Rising by over 4%, Tencent refuted rumors about layoffs and reducing the number of Tencent Interactive Entertainment Group studios.
$MEITUAN-W (03690.HK)$ Up nearly 4%, Meituan externally tested an entertainment mini-program 'Miaoshua' based on generative AI technology.
$ABC (01288.HK)$ Up nearly 4%, third-quarter revenue and profit growth exceeded market expectations.
$CHINA OVERSEAS (00688.HK)$ Rising nearly 6%, the Ministry of Housing and Urban-Rural Development stated that the total transaction volume of new commercial housing and second-hand housing in October increased for the first time after eight consecutive months of decline.
$CHINA COAL (01898.HK)$ Rising over 2%, China Coal Energy established a green energy technology company in Nantong with a registered capital of 1 million.
$GANFENGLITHIUM (01772.HK)$ Rising nearly 8%, the holding subsidiary introduced an industrial fund, increasing capital by 0.5 billion yuan for new energy projects.
Top 10 half-day trading volume
编辑/Wade
