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Hong Kong stocks continue to celebrate during the National Day holiday, with the Hang Seng Index soaring 17% in a single week! Bullish sentiment before the opening of A-shares.
Since the temporary low point in September, the Hang Seng Index has risen sharply by over 35%; traders are anxiously awaiting the release of holiday data and fiscal stimulus details.
Hong Kong stock market | Semiconductor and brokerage stocks surged strongly! Hua Hong Semi, Semiconductor Manufacturing International Corporation, CC Securities, Guolian Securities, etc., joined hands to rise by nearly 30%.
In terms of stocks hitting record highs, Hua Hong Semi rose 29.63% to the top of the list, Semiconductor Manufacturing International Corporation rose 29.31%, and CC Securities rose 29.22%.
Hong Kong stocks become the "hottest" stock market in the world! The Hang Seng Index has risen nearly 40% so far this year, with brokerage stocks surging sixfold in five days. How will the future market evolve?
It is noteworthy that brokerage stocks, as the vanguards of the bull market, play the role of "front-runners" in this current uptrend. Moreover, Chinese-affiliated brokerage stocks in the Hong Kong market have shown astonishing increases, indicated by the gains over the past five trading days.
Hong Kong stocks have a new opportunity! The semiconductor sector is soaring, with hg semi closing up more than 280%.
Today, the sector with the largest increase in the Hong Kong stock market is no longer brokerage and real estate, but semiconductors.
Hang Seng Index rose 623 points to reach a high of more than two and a half years, with healthcare and chip stocks surging.
Hong Kong stocks continued to rise due to the stimulus from csi china mainland financials index. The Hang Seng Index opened 98 points lower, initially falling 288 points to a low of 21,824 points before reversing and reaching a high of 22,742 points, the highest in over two and a half years, closing at 22,736 points, up 623 points or 2.8%; the China Enterprises Index rose 242 points or 3.1%, closing at 8,156 points; the Hang Seng Tech Index rose 248 points or 5%, closing at 5,227 points. The total daily turnover in the market was 261.526 billion yuan. Chip stocks followed with Semiconductor Manufacturing International Corp (00981.HK) and Hangzhou Silan Microelectronics (01347.HK) rising by 29% and 30% respectively. As for other technology stocks, Alibaba (09988.
HK Stock Market Update: Semiconductor Manufacturing International Corporation (00981) saw its gains expand by over 30% at the end of the day. Institutions believe the valuation of the semiconductor sector is still low and the short-term market momentum is
Semiconductor Manufacturing International Corporation (00981) expanded by over 30% at the close, rising by 29.55% to HKD 27.4 as of the time of writing, with a turnover of 6.679 billion Hong Kong dollars.
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