---
title: "Hong Kong Stock Market Midday Review: Hang Seng Index opened lower and rose in the morning session, real estate stocks surged, and Chinese brokerage stocks strengthened"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216938817.md"
description: "The Hang Seng Index opened lower by nearly 1% today before shaking off and rebounding. The Hang Seng TECH Index fell nearly 2% in early trading before warming up. By the close, the Hang Seng Index rose by 0.9%, while the Hang Seng TECH Index rose by 0.37%. On the market, most large-cap technology stocks rebounded, with Meituan up over 2%, NetEase and Tencent Holdings up over 1%. Real estate stocks surged, with Sunac China up over 20% at midday, Logan Group, CHINA VANKE, and R&F PROPERTIES all up over 10%. In addition, Chinese brokerage stocks rebounded in early trading today, with Guotai Junan International up 4.63%, Shenwan Hongyuan, and Zhongzhou Securities up over 6%"
datetime: "2024-10-16T04:08:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216938817.md)
  - [en](https://longbridge.com/en/news/216938817.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216938817.md)
---

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# Hong Kong Stock Market Midday Review: Hang Seng Index opened lower and rose in the morning session, real estate stocks surged, and Chinese brokerage stocks strengthened

Jinshi Data News on October 16th, the Hang Seng Index opened low by nearly 1% before shaking off and rebounding. The Hang Seng TECH Index fell nearly 2% in the morning session before warming up. As of the close, the Hang Seng Index rose by 0.9%, and the Hang Seng TECH Index rose by 0.37%. On the market, most large-cap technology stocks rebounded, with Meituan (03690.HK) up over 2%, NetEase (09999.HK), and Tencent Holdings (00700.HK) up over 1%. Real estate stocks surged, with Sunac China (01918.HK) rising by over 20% at midday, Logan Group (03380.HK), CHINA VANKE (02202.HK), R&F PROPERTIES (02777.HK) all rising by over 10%. In addition, Chinese brokerage stocks rebounded in the morning session today, with Guotai Junan International (01788.HK) up by 4.63%, Shenwan Hongyuan (06806.HK), and Zhongzhou Securities (01375.HK) up by over 6%

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- [Vanke (000002.CN)](https://longbridge.com/en/quote/000002.CN.md)
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