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Hong Kong Stock Market Midday Review | All three major Indexes rose after the holiday, with the Tech Index up over 1%; Xiaomi-Backed, Semiconductors, and Communication Equipment stocks increased, Kingsoft Cloud soared over 33%, ZTE rose over 12%, and Semi
The Network Technology stocks are mixed; XIAOMI-W has risen over 5%, KUAISHOU-W has fallen by 1.39%, Baidu has dropped by 1.11%, JD-SW has decreased by 3.69%, MEITUAN-W has increased by 0.26%, and TENCENT has fallen by 0.24%.
Food Production stocks in the A-share market fell in early trading, with Zhejiang Yiming Food hitting the limit down.
On December 16, Gelonghui reported that Zhejiang Yiming Food has hit the limit down again, with Nanfang Black Sesame Group, Li Ziyuan, Beijing Sanyuan Foods, Lihigh Food, Tianjin Guifaxiang 18th Street Mahua Food, etc., experiencing significant declines.
The restructuring of the Hong Kong stock market ecosystem is rejuvenating, and next year's IPOs are expected to return to the Global top three.
The Hong Kong Capital Markets are experiencing a strong wave of companies listing in Hong Kong, with many mainland enterprises, from emerging Technology companies like Horizon to industry giants like Midea, SF Express, Heng Rui, Hai Tian, and Mao Ge Ping, turning their attention to Hong Kong.
Hong Kong stock market afternoon review | All three indices declined, while biomedical, apple supplier, and aviation/airlines industry rose against the trend, with wuxi apptec and wuxi bio both increasing over 8%, air china limited rising over 7%, and BYD
Network technology stocks performed poorly, with Kuaishou-W down 3.05%, NetEase-S up 2.53%; multiple Hong Kong retail stocks declined, Prada dropped 3.03%, Bonjour Holdings rose 2.27%; biotechnology stocks generally rose, Wuxi Apptec rose 8.24%, Wuxi Bio rose 8.07%;
Express News | The Nanfang black sesame group has maintained three consecutive boards as there have been no significant changes in the internal and external operational environment.
A-share food production and other consumer stocks generally rose, with tianjin guifaxiang 18th street mahua food hitting the daily limit for the 6th consecutive trading day.
On November 29, Gelonghui reported that tianjin guifaxiang's stock has increased for six consecutive days, nanfang black sesame group's stock hit the limit up, haoxiangni health food increased by over 5%, and other companies like gaishi food, three squirrels inc., baoli food, shanghai laiyifen, and anji foodstuff followed suit. On the news front, a nationwide market running and consumer promotion work meeting was recently held in Beijing, where it was pointed out that efforts should be made to solidly promote the replacement of old consumer goods with new ones, expand service consumption, and cultivate new types of consumption.
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