Hong Kong stock market noon report | All three major indexes rose, with the technology sector index up over 2%; Network technology stocks collectively surged, with jd.com up nearly 9%, and Alibaba and Meituan up over 4%.
Hong Kong's three major stock indexes continued to rise after opening high in the morning. As of midday closing, the Hang Seng Index rose 1.68%, the China Enterprises Index rose 1.9%, and the Hang Seng Tech Index rose 2.14%.
The Asia-Pacific market is on a roll! The Nikkei 225 index surged 3%. What happened?
Concerns about the uncertainty of the economic outlook have eased, and global stock markets have rebounded.
Mid-day overview | All three major indices collectively rose by over 1%, with jd.com leading the network technology stocks with a rise of over 7%, while Alibaba rose by about 3% after its earnings announcement.
Most of the network technology stocks rose, JD.com rose more than 7%, Baidu rose more than 3%, Alibaba rose nearly 3%, Meituan rose more than 2%, and Tencent rose more than 1%.
Futu Morning Briefing | S&P, NASDAQ have risen for six consecutive days, recovering all the losses from the 'August Panic'! Strong economic data hits recession expectations; individual investors succeeded in bottom fishing in August? Technology stocks lik
The USA residence construction business's confidence index fell for the fourth consecutive month; Powell will face the window of setting the tone for a rate cut in September next Friday; The largest beauty retailer in the USA saw a surge after being purchased by Berkshire Hathaway.
Hong Kong stock market outlook | Alibaba executives said that dual primary listing may be achieved by the end of August; JD.com Q2 net income increased by 69% YoY after adjustments.
PBOC Governor Pan Gongsheng: further planning new incremental policies; Ping An Insurance's original premium income exceeded 55 billion yuan in the first seven months; CK Asset's revenue and net income both decreased in the first half of the year.
Hang Seng Index rebounds but faces resistance, insurers increase stake, high-dividend stock market restarts | Hong Kong stock market benchmark.
① Hang Seng Index rebounded and encountered resistance again, what are the short sellers doing? ② The resurgence of high-yield stocks as insurance capital raises shareholding, which signals are worth noting?