Futu News reported on April 30 that the three major indices in Hong Kong showed mixed results, $Hang Seng Index (800000.HK)$ up 0.22%, $Hang Seng TECH Index (800700.HK)$ up 1.06%, $Hang Seng China Enterprises Index (800100.HK)$down 0.37%.
As of the midday close, there were 894 stocks rising, 809 stocks falling, and 1424 stocks closing flat.
In terms of sectors, most Network Technology stocks strengthened, with XIAOMI-W rising 4.74%, SENSING-W rising 2.05%, NTES-S rising 1.77%, KUAISHOU-W rising 1.67%, Alibaba-W rising 1.48%, MEITUAN-W dropping 0.98%, JD-SW falling 0.85%, and TENCENT increasing 0.59%.
Insurance stocks surged, with AIA increasing nearly 6%, CHINA TAIPING and New China Life Insurance rising nearly 3%, and China Life Insurance up 2%.
AI concept stocks rose, with Kingsoft Cloud jumping over 15%, MINDSTORMS rising over 8%, FOURTH PARADIGM increasing over 6%, and GDS Holdings rising nearly 2%.
Bank stocks mostly declined, with Industrial And Commercial Bank Of China falling 4.93%, Postal Savings Bank Of China down 4.74%, CM BANK decreasing 4.72%, Agricultural Bank Of China down 4.14%, China Construction Bank Corporation falling 3.93%, BOC HONG KONG rising 2.91%, Bank Of China declining 2.29%, and HSBC Holdings down 0.85%.
Semiconductor stocks rose, with Semiconductor Manufacturing International Corporation up 2.95%, SOLOMON SYSTECH up 2.63%, SHANGHAI FUDAN up 2.43%, BK Micro up 1.91%, HUA HONG SEMI up 1.43%, SMART-CORE down 1.12%, INNOSILICON down 0.92%, and CE HUADA TECH down 0.71%.
Most insurance stocks rose, with AIA increasing 5.96%, New China Life Insurance rising 2.92%, CHINA TAIPING rising 2.89%, PICC P&C increasing 2.31%, China Life Insurance rising 2.00%, Ping An Insurance rising 1.08%, PICC GROUP increasing 0.90%, and China Pacific Insurance down 0.71%.
Golden Industrial Concept stocks fell, with Chifeng Jilong Gold Mining down 2.87%, ZHAOJIN MINING down 2.14%, LINGBAO GOLD down 2.09%, CHINAGOLDINTL down 1.23%, Zijin Mining Group down 1.16%, SD GOLD down 1.08%, PERSISTENCE RES down 0.85%, and TONGGUAN GOLD down 0.83%.
Most Hong Kong Retail Stocks rose, with CHOW TAI FOOK up 7.42%, LUK FOOK HOLD up 2.68%, SAMSONITE down 2.66%, PRADA down 2.65%, BONJOUR HOLD down 1.08%, GIORDANO INT'L down 0.68%, and CHOW SANG SANG rising 0.54%.
In terms of individual stocks,$XIAOMI-W (01810.HK)$Rising nearly 5%, announced the first inference large model "Xiaomi, MiMo" is open source.
$BEIGENE (06160.HK)$Rising nearly 6%, won the USA patent dispute, the company achieved strong growth in performance last year.
$MEITU (01357.HK)$Rising nearly 6%, MEITU's paying users exceeded expectations, CICC raised full-year revenue forecast.
$TCL ELECTRONICS (01070.HK)$Rising over 4%, hitting a new high at one point, with a significant increase in global TV shipments in the first quarter; institutions are bullish on its dual breakthroughs in scale and profitability.
Top 10 trading volumes for the half-day.
Editor/danial
