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Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen
Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
Annual review | The top ten explosive stocks in Hong Kong for 2024 have been announced! POP MART and China Merchants performed strongly, with Meituan rising over 103% to lead the charge among the trillion-dollar giants.
After three consecutive years of decline, 2024 has brought a turnaround for Hong Kong stocks.
Hong Kong Stock Market Afternoon Review | The three major Indexes showed mixed results, with Gold and Medical Devices stocks rising, Siasun Robot&Automation surged over 24%, and ZHAOJIN MINING increased by over 5%.
Network Technology stocks declined, with Bilibili-W falling by 2.93% and SenseTime-W dropping by 1.25%; Golden Industrial Concept stocks strengthened, as LINGBAO GOLD rose by 6.18% and ZHAOJIN MINING increased by 5.47%; Insurance stocks decreased, with China Pacific Insurance down by 2.08% and New China Life Insurance falling by 1.34%;
Hong Kong stocks are moving differently | Nonferrous Metals stocks are collectively rising, positive policy signals boost expectations, industrial Nonferrous Metals Consumer is expected to improve.
Nonferrous Metals stocks rose collectively. As of the time of publication, Aluminum Corporation Of China (02600) increased by 3.39% to 4.88 HKD; CMOC Group Limited (03993) rose by 3.13% to 5.94 HKD; Zijin Mining Group (02899) grew by 2.84% to 15.92 HKD; CHINAHONGQIAO (01378) climbed by 2.64% to 12.42 HKD.
Hong Kong stocks movement | chinahongqiao (01378) closed up nearly 6%, the profit recovery point for electrolytic aluminum is approaching, institutions suggest paying attention to companies with net buy exposure of aluminum oxide.
chinahongqiao (01378) closed up nearly 6%, as of the time of writing, up 5.76%, priced at 12.48 Hong Kong dollars, with a trading volume of 0.402 billion Hong Kong dollars.