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Hong Kong stocks are experiencing a rebound, and Xiaomi's stock price has reached a historic high! Institutions indicate that Hong Kong stocks are currently still in a high cost-performance Range.
The market is experiencing significant changes!
Hong Kong stock midday review | All three major Indexes have risen! Tech stocks and Golden Industrial Concept perform strongly, Xiaomi rose over 5%, and Laopu Gold increased by over 3%, with stock prices reaching new highs during the session.
Most Network Technology stocks rose, with XIAOMI-W up by 5.59% and SENSORY-W down by 3.55%; Hong Kong Retail Stocks weakened, with BOSSINI INT'L rising by 5.61% and PRADA falling by 4.45%; semiconductor stocks generally increased, with CONTEL up by 11.11% and HG SEMI down by 3.33%.
Hong Kong stock midday review | Hang Seng Index rises 0.87% Nonferrous Metals Sector warms up in the morning.
With overseas interest rate cuts and expectations for domestic economic recovery, the Nonferrous Metals Industry is expected to enter a new round of upward cycle.
Express News | Hong Kong stock companies have repurchased a total of 265.7 billion HKD in 2024, with Tencent leading the pack.
Market Overview | Hong Kong stocks are rising again! The index at one point surged over 2%; Xiaomi-Backed stocks are leading the rally strongly, with Xiaomi Group soaring more than 5%, hitting an all-time high; Kingsoft Cloud increased over 10% again.
Network Technology stocks generally rose, with Xiaomi Group increasing by over 5%, and intra-day stock prices hitting a historical high; New energy Fund stocks climbed, with NIO rising nearly 5%; Golden Industrial Concept stocks continued to rise, with LINGBAO GOLD increasing by over 6%.
Express News | The National Development and Reform Commission: Promote stability and recovery in the Real Estate market, continue to boost the Capital Markets.