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Quick look at the Hong Kong market | All three major Indices closed higher, the Science and Technology Index rose nearly 2%; technology, Autos, and Biotechnology stocks climbed, with Li Auto rising over 5%, and Xiaomi Group and WUXI BIO rising nearly 3%.
Many Network Technology stocks are rising, XIAOMI-W is up 2.84%, Baidu Group-SW is up 1.74%; Semiconductor stocks are all rising, HG SEMI is up 7.64%, BEKE is down 2.78%; Autos stocks are climbing, LEAPMOTOR is up 6.42%, BRILLIANCE CHI is up 6.29%;
Hong Kong stock movement | Innovations (02121) rose over 5%. The company continues to focus on AI + manufacturing, and share buybacks are expected to drive Company Valuation improvement.
Innovative Qizhi (02121) rose more than 5%, as of the time of writing, up 5.06%, priced at 7.27 Hong Kong dollars, with a transaction amount of 0.121 billion Hong Kong dollars.
Hong Kong stock Concept Tracking | National policy supports the construction of a modern industrial system, the Industrial Automation Sector benefits comprehensively (including Concept stocks)
It is necessary to lead the development of new quality productive forces through Technology innovation and to build a modern industrial system.
Innovation Qizhi (2121.HK): Focusing on industrial large-scale models and deepening AI + manufacturing.
Investment highlights: Affected by the external environment, income growth slowed in 2024, but adjusted net losses continued to narrow, and the company's Operation Indicators are healthier. In 2023, the company achieved an income of 1.751 billion yuan, a year-on-year growth of 12.4.
Hong Kong stock market midday review | The Hang Seng Index rose by 1.72% in the morning session, with Dining stocks experiencing a general rise in the morning.
Consumer vouchers have a direct stimulating effect on the Dining industry. Institutions suggest that Consumer spending is expected to welcome a new round of rebound and recovery.
Quick view of the Hong Kong market | All three major indexes fell, with the tech index dropping over 1%; tech stocks and Insurance stocks weakened, Bilibili fell more than 5%; FOSUN TOURISM resumed trading and rose by 80%.
Network Technology stocks fell broadly, JD-SW fell by 2.80%, MEITUAN-W fell by 2.79%; Digital Health stocks declined, ZA ONLINE fell by 1.85%, MediChina fell by 1.41%; Real Estate Developers' stocks also fell, SUNAC rose by 5.36%, SHK PPT fell by 2.55%;
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