This week's Hong Kong stocks bull | The new tea beverage IPO craze! After listing, Auntie from Shanghai surged by over 27%; Innovative Drugs Concept stocks are showing independent market trends, with GRANDPHARMA reaching a new high in four years.

This week, the Hang Seng Index rose by 1.61%, closing at 22,867.74 points; during the same period, the Hang Seng TECH Index fell by 1.22%, closing at 5,180.25 points; the Hang Seng China Enterprises Index rose by 0.95%, closing at 8,308.83 points.

Futu News10:26

Hong Kong stocks moved | LINGBAO GOLD (03330) rose over 4% again, the company expects net income in the first quarter to be no less than 0.25 billion yuan.

LINGBAO GOLD (03330) has risen over 4% again, as of the time of writing, up 4.28%, priced at 9.5 Hong Kong dollars, with a transaction amount of 37.5175 million Hong Kong dollars.

Zhitong FinanceMay 9 13:52

Hong Kong Stock Midday Review | The three indices had mixed results, with the Tech Index down 1.61%; semiconductor stocks weakened, with HUA HONG SEMI falling over 12%; some beverage Concept stocks rose, with ANDRE JUICE increasing by over 49%.

The Network Technology stocks weakened, KUAISHOU-W dropped by 2.91%, and NTES-S fell by 1.45%; the Hong Kong Retail Stocks rose across the board, with PRADA increasing by 4.08% and CHOW TAI FOOK rising by 3.82%; the Digital Health stocks declined, with JD HEALTH dropping by 3.55% and ALI HEALTH falling by 2.36%.

Futu NewsMay 9 12:21

The decline in international gold prices has led to a widespread drop in Golden Industrial Concept stocks, with Chifeng Jilong Gold Mining (06693) falling by 4.04%.

Jinwu Financial News | Golden Industrial Concept stocks experienced a general decline, with Chifeng Jilong Gold Mining (06693) down 4.04%, TONGGUAN GOLD (00340) down 2.50%, CHINAGOLDINTL (02099) down 2.43%, Zijin Mining Group (02899) down 1.70%, ZHAOJIN MINING (01818) down 1.49%, SD GOLD (01787) down 1.48%, and LINGBAO GOLD (03330) down 1.21%. On the news front, there are signs of easing tariffs between the U.S. and China, with international gold prices declining. The New York futures gold closed at 3306 dollars, down 2.5%.

Jingu Financial NewsMay 9 10:22

Here are the reasons for the sharp pullback in Gold! Gold price plummeted by 58 dollars according to FXStreet Analyst's trading analysis.

24K99 news: President Trump of the USA announced a trade agreement with the United Kingdom, which has increased market risk appetite. Additionally, the US dollar and US Treasury yields have surged significantly, causing spot Gold to plummet on Thursday (May 8).

FX168May 9 09:27

Gold Futures Snap Three-day Winning Streak To Close Lower

BernamaMay 8 20:02