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This week's Hong Kong stock bull | Biotechnology stocks performed brilliantly, with Jingtai Holdings soaring over 40% this week; seizing the opportunity of AI large model, ZTE has cumulatively risen over 14%.
Biotechnology stocks continued to show strong performance this week! Crystal Tech Holdings saw an overall increase of over 40% during the week, and Tongyuankang Medicine rose by over 23%. Taking advantage of the AI large model opportunity, it is reported that a partnership with ByteDance was formed, leading to a rise of over 14% for ZTE. SUPER HI gained over 13% this week, having surged nearly 77% since its performance report.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Huajin Securities: The new features of WeChat's small store promote a dual circulation of internal and external traffic, driving the formation of a complete and closed ecological environment for WeChat e-commerce.
Tencent (00700.HK) saw its stock price rise nearly 3.2% to 428.4 yuan today, while Weimob (02013.HK) surged 23.9%. EAST BUY (01797.HK) jumped over 14.4%, but Alibaba (09988.HK) fell 3.3%, Kuaishou (01024.HK) dropped 4.6%, and JD.com (09618.HK) decreased 2.3%. Domestic Brokerage Huajin Securities released a report stating that Tencent's WeChat team announced that the WeChat small shop has launched a gray test for the "Gift Giving" feature, with the exception of jewelry and Education training categories, all other categories are available on WeChat small shop.
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
WeChat is advancing into "social e-commerce", Tencent Related and e-commerce stocks have been detonated, Weimob skyrocketed by 16%!
Comparable to the invention of "WeChat Red Packet" back in the day.
Market update | EAST BUY has risen over 16%, now supports the "gift" feature in WeChat small shops, with a rich variety of self-operated products.
EAST BUY has risen over 16%. As of the time of this report, it has increased by 16.53%, priced at 16.5 Hong Kong dollars, with a transaction amount of 0.371 billion Hong Kong dollars.