Hong Kong Stock Market Midday Review
Futu News reported on October 28 that the three major Hong Kong stock indices showed mixed performance,$Hang Seng Index (800000.HK)$up 0.02%, $Hang Seng TECH Index (800700.HK)$ up 0.02%, $Hang Seng China Enterprises Index (800100.HK)$ down 0.24%.
By the midday close, 783 stocks in the Hong Kong market had risen, 1,120 had fallen, and 1,303 remained unchanged.
Sector-wise, technology stocks weakened, with Xiaomi Group-W down 2.01%, NetEase-S down 1.30%, Meituan-W down 0.98%, and Tencent down 0.69%.
Most sports goods stocks declined, with Li Ning down 4.08%, China Dongxiang down 3.85%, Anta Sports down 3.36%, Xtep International down 1.41%, 361 Degrees down 1.30%, and TopSports down 1.25%.
Gold stocks declined, with Zijin Gold International dropping 3.53%, Zijin Mining falling 2.61%, Shandong Gold down 2.38%, and Lingbao Gold decreasing by 2.27%. Other decliners included Zhaojin Mining (-3.07%), Chifeng Gold (-2.93%), China Gold International (-2.92%), and Tongguan Gold (-2.92%).
Semiconductor stocks advanced, with Shanghai Fudan rising 4.32%, SMIC gaining 1.81%, and Hua Hong Semiconductor increasing by 3.18%.
Heavy infrastructure stocks fell, led by China State Construction International plunging 7.51%, followed by Metallurgical Corporation of China (-3.35%), China Aluminum International (-1.85%), China Railway Construction (-0.90%), and China Railway Group (-0.48%).
Pharmaceutical stocks broadly declined, with Hengrui Pharma dropping 4.70%, Hutchison China MediTech falling 1.02%, Innovent Bio down 0.75%, and 3SBio declining by 0.70%.
In individual stock movements, $BILIBILI-W (09626.HK)$ Surging over 5%, the self-developed new game ‘Escape from Yakov’ has officially surpassed one million in global sales.
$TYK MEDICINES-B (02410.HK)$Surged nearly 7% in morning trading after the company announced multiple positive clinical data updates on CDK inhibitors at the ESMO Annual Meeting.
$KB LAMINATES (01888.HK)$Up over 6%, the PCB industry chain is gaining momentum, with institutions optimistic about its growth potential.
$AIA (01299.HK)$Up over 3% by midday, Citi expects the company’s new business value in Q3 to accelerate further.
$ASMPT (00522.HK)$Down over 5% ahead of earnings, Morgan Stanley forecasts a possible loss in Q3 due to one-time restructuring expenses.
$MEITU (01357.HK)$Up nearly 4% again, the 2025 ZCOOL Design Week kicks off, with institutions noting high-frequency data showing record overseas revenue in September.
$KINGDEE INT’L (00268.HK)$Up nearly 3%, subscription service annual recurring revenue grew approximately 18% year-on-year in the first three quarters.
$SANHUA (02050.HK)$Up over 5%, Company A’s stock price hit a new high as it actively expands into robotics and liquid cooling businesses.
$KINGSOFT (03888.HK)$Up nearly 4%, Kingsoft Office reported a nearly 40% year-on-year increase in net profit for the third quarter, with significant growth across all WPS business segments.
Top 10 in half-day trading volume
Editor/Ray
