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Midday Overview | Hong Kong stocks opened high and fell low, ChiNext fell more than 1%; wind power stocks rose against the trend, Datang Renewables rose more than 5%.
NIO Inc. fell more than 7% after the earnings report, with an expanded loss in the first quarter and a decrease in the average price and delivery volume of autos.
Mid-day Review | The three major indices fluctuated and rebounded, with the semiconductor sector rising and Hua Hong Semi up over 7%.
The Hang Seng Index rose by 0.95%, the Technology Index rose by 1.71%, and the National Index rose by 0.81%. The shipping and ports sector strengthened, with Cosco Shipping Holdings rising by 7%. The golden industrial concept rebounded, with SD Gold rising by over 5%.
Hong Kong stock market noon review | the three major indices rise together; biotechnology stocks are strong, and Kang Ningjeri Pharmaceuticals rose nearly 17%; nonferrous metal stocks are down, Aluminum Corporation of China fell nearly 8%
There is a divergence in the trend of network technology stocks, with bilibili rising more than 3% and Kuaishou falling nearly 1%; semiconductor stocks are strong, with hua hong semi rising more than 4% and shanghai fudan rising more than 3%.
Hong Kong stocks saw a slight increase in the three major indexes, with biotech and mainland real estate stocks rising, and Genscript Bio rising more than 10%, while China Vanke rising more than 7%.
There is a divergence in the trend of Network Technology stocks, with Meituan up more than 4% and Bilibili down nearly 1%; Multiple nonferrous metal stocks rose, with Zhaojin Mining up nearly 5% and Aluminum Corporation of China up more than 4%.
Hong Kong stock mid-day review | The three major indexes have slightly strengthened, Meituan has risen more than 4%; Biotechnology stocks have broadly risen, Genscript Bio has risen more than 9%.
Mainland real estate stocks rose across the board, with Radiance Holdings up more than 27% and Sino-Ocean Group up more than 16%; Auto stocks mostly fell, with Great Wall Motor down more than 10% and Li Auto Inc down nearly 3%.
Mid-day review | Hong Kong's three major stock indexes rise and fall, mainland real estate stocks rise across the board, Radiance Holdings surges more than 27%.
Hang Seng Index rose 0.22%, ChiNext fell 0.12%, CSI300 rose 0.2%; the concept of contract research organizations in the pharmaceutical industry strengthened, genscript bio rose more than 12%; yankuang energy fell more than 9%.