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Hong Kong market quick review | The three major indices had mixed results, with the Hang Seng Index rising by 0.23%, marking six consecutive increases; Home Appliances stocks performed actively, with HISENSE HA rising by 6%; MINISO increased by nearly 4%.
Network Technology stocks rose together, with KUAISHOU-W up 1.69% and Alibaba-W up 1.57%; Apple Supplier stocks generally fell, with AAC TECH down 5.46% and Q TECH down 2.88%; Most Hong Kong Retail Stocks declined, with MILAN STATION up 6.60% and PRADA down 4.18%.
Hong Kong stocks are strong, with Multi-Point Intelligence closing up more than 26% at HKD 11.78 per share.
On April 14, the Hong Kong stock market closed, with the Hang Seng Index up 2.4% and the Hang Seng TECH Index up 2.34%. The sectors of Pharmaceuticals, Technology, Gold, Retail, and Education had the largest gains. The retail digital solution service provider Multi-Dimensional Intelligent (02586.hk) continued its strong performance from the morning session, reaching HKD 11.86 during the afternoon, with a total market capitalization exceeding HKD 10.6 billion. At the close of the day, the stock reported HKD 11.78, with a daily increase of over 26%, and Volume expanded to 19.4 million shares. Notably, the stock has accumulated an increase of over 68% this year.
Hong Kong Stock Midday Review | The three major indices are all rising! The Tech Index increased by 2.69%; tech and Biotechnology stocks are performing strongly, with Alibaba and Baidu rising over 5%, and BEIGENE increasing nearly 9%.
Network Technology stocks rose, Alibaba-W increased by 5.53%, Baidu Group-SW rose by 5.12%; Golden Industrial Concept stocks all increased, TONGGUAN GOLD rose by 18.33%, SD GOLD rose by 7.39%; Nonferrous Metals stocks generally rose, SD GOLD rose by 7.39%, CMOC Group Limited rose by 5.50%.
Announcement Highlights|CKH HOLDINGS: No decisions have been made regarding any Trade related to Global telecommunications Business; UBTECH's annual total revenue increased by 23.7% year-on-year.
Industrial And Commercial Bank Of China: In 2024, revenue is 786.126 billion yuan, a decrease of 2.52% year-on-year; Net income is 365.863 billion yuan, an increase of 0.51% year-on-year; PETROCHINA: In 2024, revenue is 2.94 trillion yuan, with a net income attributable to shareholders of the parent company of 164.68 billion yuan, a year-on-year increase of 2.0%.
Dmall Inc. Expands Ownership and Increases Transaction Caps Amid Growing Demand
Duo Dian Smart (02586) plans to invest 47 million yuan to acquire 20% equity in Duo Dian Zhi Lian.
Multidimensional Intelligence (02586) announced that on March 28, 2025 (after trading hours), Multidimensional (Shenzhen)...