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Hong Kong market overview | The three major indices surged and then fell back, with the Hang Seng Index rising by 0.32%; the tech and Apple Supplier stocks performed well, with Baidu up nearly 4% and COWELL rising over 6%.
Network Technology stocks are mostly rising, Baidu Group-SW is up by 3.85%, NTES-S is up by 2.11%; Apple Supplier stocks are up, COWELL is up by 6.11%, FIH is up by 4.23%; Lithium Battery stocks are rising, LEOCH INT'L is down by 3.21%, HONBRIDGE is up by 2.50%.
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%.
Palasino Holdings Insiders Sell HK$149m Of Stock, Possibly Signalling Caution
Quick overview of the Hong Kong market | The three major Indexes opened high but fell, the Tech Index dropped over 2%; China-Affiliated Brokerage stocks rose against the trend, with China Galaxy increasing nearly 4%; Yuejiang surged over 27%.
Network Technology stocks have fallen, with Bilibili-W down 6.81% and XIAOMI-W down 3.43%; Hong Kong Retail Stocks are down, with PRADA falling 6.74% and SAMSONITE down 5.80%; Golden Industrial Concept stocks are rising, with CHI SILVER GP up 5.71% and TONGGUAN GOLD up 3.95%.
Port City quick overview | Three major indices showed mixed results, the Hang Seng Index closed up 0.28%; property management stocks performed well, Wanyun rose nearly 10%; Mijing Group surged over 43% on its first day of listing.
Network Technology stocks have mixed results, with Alibaba-W up 2.27% and XIAOMI-W down 1.74%; Property Services and Management stocks are strong, with Wanwuyun up 9.78% and CG SERVICES up 8.11%; most Semiconductor stocks are down, with SHANGHAI FUDAN up 9.09% and Semiconductor Manufacturing International Corporation down 4.10%.
The affiliated group of Palace Entertainment (02536.HK) has received an off-market Shareholding of 18.1568 million ordinary shares, valued at approximately 16.6679 million Hong Kong dollars.
On February 24, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on February 24, Qiu Dachang purchased 18.1568 million shares of ordinary stock of the affiliated group Far East Consortium International Limited at an average off-market price of HKD 0.918 per share on February 18, amounting to approximately HKD 16.6679 million. After this Shareholding, Qiu Dachang's latest shareholding number in this affiliated group is 1.714 billion shares, with the good warehouse ratio increasing from 55.87% to 56.02%. Image source: