Quick look at the Hong Kong market | All three major Indexes fell, with the Hang Seng Index down 1.87%, ending an 8-day rising streak, Network Technology stocks corrected, with Meituan down nearly 5%; Autos stocks were sluggish, with NIO down over 5%.

Network Technology stocks fell broadly, with MEITUAN-W down 4.91% and KUAISHOU-W down 4.62%; Lithium Battery stocks declined overall, with BYD Electronics down 7.11% and BYD Company down 4.76%; Autos stocks also dropped, with XPeng Inc. down 5.35% and NIO Inc. down 5.17%.

Futu NewsMay 13 16:35

Daiwa has released the latest preferred list of Hong Kong stocks (table).

Daiwa released a report stating, updating and listing the preferred stocks in the Hong Kong stock market, A-shares, and U.S.-listed Chinese stocks: Stocks │ Investment Rating Tencent (00700.HK) │ Buy Anta (02020.HK) │ Buy BYD (01211.HK) │ Buy NTES-S (09999.HK) │ Buy China National Pharmaceutical Group (01177.HK) │ Buy KE Holdings-W (02423.HK) │ Buy Huayi Group (300979.SZ) │ Buy Luxshare Precision Industry (002475.SZ) │ Buy SDIC Power Holdings (600886.SH) │ Buy Will Semiconductor (603501.

AASTOCKSMay 13 12:47

Hong Kong Stock Market Midday Review | All three major Indexes fell, with the Tech Index down 2.99%; Network Technology stocks corrected, with Xiaomi and Meituan dropping over 4%; Apple Supplier stocks weakened, with BYD Electronics falling nearly 6%.

Network technology stocks corrected, XIAOMI-W fell by 4.25%, MEITUAN-W dropped by 4.08%; semiconductor stocks weakened, Semiconductor Manufacturing International Corporation fell by 4.27%, HUA HONG SEMI decreased by 3.94%; Lithium battery stocks saw many downtrends, BYD Electronics fell by 5.67%, BYD Company limited dropped by 3.18%.

Futu NewsMay 13 12:18

ANTA Elevates PG7 Technology With "Cushion Evolution" Global Relay Run Kickoff

PR NewswireMay 12 21:06

China-U.S. Tariff Reductions to Boost HK, Chinese Stocks -- Market Talk

WSJMay 12 18:17

Citigroup: Raised the year-end target for the Hang Seng Index to 25,000 points. The preferred Buy list includes Tencent, BYD, and Anta, among others.

On May 12, Gelonghui reported that Citigroup released a report anticipating moderate government stimulus policies to boost the domestic economy, which may be more relevant to the Consumer, Internet, resources, and Technology Industries. The bank believes that the mainland and Hong Kong stock markets do not appear expensive and are slightly below historical averages, thus maintaining a constructive outlook. The bank upgraded the Consumer Industry to "Shareholding" and prefers domestic shares, hoping to gain potential benefits from government stimulus measures; it downgraded the Transportation Industry to "Neutral" based on rising trade tariffs in the USA. The bank also favors large internet stocks and Technology stocks that benefit from government policy support. The bank set the Hang Seng Index year-end target at 24,500 points.

Gelonghui FinanceMay 12 13:28