Hong Kong market quick view | All three major indexes fell by about 1%, Tencent Related stocks all dropped, Weimob plunged over 40%; Golden Industrial Concept stocks rose against the trend, LINGBAO GOLD soared by 20%; Bruker's first day of listing surged

Network Technology stocks have generally fallen, with MEITUAN-W down 2.98% and SenseTime-W down 2.29%; Golden Industrial Concept stocks have all risen, with LINGBAO GOLD up 20.11% and CHINAGOLDINTL up 4.76%; Semiconductor stocks have risen, with HG SEMI up 12.96% and Innoscience up 5.74%;

Futu NewsJan 10 16:23

Hong Kong stock movement | SMOORE INTL (06969) fell more than 6% during trading. UBS Group indicates that its valuation is high and downgraded the rating to "Sell."

SMOORE INTL (06969) fell over 6% during trading, and as of this writing, it is down 3.48%, trading at 12.74 Hong Kong dollars, with a trading volume of 0.319 billion Hong Kong dollars.

Zhitong FinanceJan 10 14:36 · Ratings

UBS Group has downgraded the rating of SMIC (06969.HK) to "Sell" and adjusted the Target Price to 10.72 yuan.

UBS Group released a report downgrading the rating of Smoore (06969.HK) from "Neutral" to "Sell", primarily due to high valuations and a relatively conservative view on the earnings contribution from British American Tobacco's newly launched heat-not-burn (HNB) products to its core clients. After BAT announced the launch of its new HNB product, Smoore's stock price has risen by about 35%, indicating that investors are Bullish on its prospects. However, UBS Group expects BAT to officially launch this new product in the second half of this year, and actual results may not be observable until next year. Currently, Smoore's stock price reflects a PE of about 42 times for 2025, compared to

AASTOCKSJan 10 13:26

Hong Kong stock afternoon review | The three major indexes all fell, Semiconductors and Golden Industrial Concept rose against the trend, Semiconductor Manufacturing International Corporation increased by over 5%, LINGBAO GOLD surged by over 10%.

Network Technology stocks declined, with MEITUAN-W falling 1.80% and NTES-S rising 1.59%; Golden Industrial Concept stocks rose, LINGBAO GOLD increasing by 10.63% and Zijin Mining Group rising by 3.27%; many Dining stocks dropped, with Helen's falling by 5.66% and Naixue's Tea dropping by 4.07%;

Futu NewsJan 10 12:14

Hong Kong stocks movement | SMOORE INTL (06969) fell over 5% in early trading due to the clearance of non-compliant products, which may impact the overall growth rate of vaping electronic cigarettes in Europe and the United States in the short term.

SMOORE INTL (06969) fell over 5% in the early trading hours, with a current drop of 5.76%, priced at 12.44 Hong Kong dollars, with a turnover of 0.195 billion Hong Kong dollars.

Zhitong FinanceJan 10 11:19

Hong Kong stock movement | SMOORE INTL (06969) fell over 4% as the controlling Shareholder解除60.91 million shares pledged.

SMOORE INTL (06969) fell over 4%, currently down 4.53%, quoted at 13.46 Hong Kong dollars, with a transaction value of 0.103 billion Hong Kong dollars.

Zhitong FinanceJan 8 09:46