--- title: "Hong Kong Stock Market Midday Review: The Hang Seng Index fluctuated widely in the morning, with the China Special Valuation sector continuing to show strength" type: "News" locale: "en" url: "https://longbridge.com/en/news/222508391.md" description: "The Hang Seng Index showed a wide range of fluctuations this morning, briefly erasing losses and turning positive, but the upward momentum could not be sustained and turned downward. The Hang Seng Tech Index fell over 1% at one point in the morning, with an intraday volatility of 1.3%. As of the midday close, the Hang Seng Index fell 0.39% to 19,718.56 points, and the Tech Index fell 0.49% to 4,392.96 points, with a total market turnover of HKD 66.804 billion. On the market, the China Concept Stocks sector continued its strong performance from yesterday, showing a broad rise in the morning, while tech stocks exhibited mixed performance with divergences, and the pharmaceutical and battery sectors showed weakness. In terms of individual stocks, ZTE Corporation's A and H shares rose together, with Hong Kong stocks up 7.47%; TONGCHENGTRAVEL rose 3.52%, as the National Immigration Administration announced an extension of the stay period for visa-free foreign visitors to 240 hours; China National Offshore Oil Corporation rose 1.8%, while WuXi Biologics fell 2.55%" datetime: "2024-12-17T04:05:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/222508391.md) - [en](https://longbridge.com/en/news/222508391.md) - [zh-HK](https://longbridge.com/zh-HK/news/222508391.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/222508391.md) | [繁體中文](https://longbridge.com/zh-HK/news/222508391.md) # Hong Kong Stock Market Midday Review: The Hang Seng Index fluctuated widely in the morning, with the China Special Valuation sector continuing to show strength According to Jinshi Data on December 17, the Hang Seng Index showed a wide range of fluctuations this morning, briefly erasing losses and turning positive, but the upward momentum could not be sustained and turned downward. The Hang Seng Tech Index fell more than 1% at one point this morning, with an intraday volatility of 1.3%. As of the midday close, the Hang Seng Index fell 0.39% to 19,718.56 points, the Tech Index fell 0.49% to 4,392.96 points, and the total turnover of the Hang Seng market reached HKD 66.804 billion. On the market, the China Special Valuation sector continued its strong performance from yesterday, showing a general rise in the morning, while tech stocks exhibited mixed performance with divergence, and pharmaceutical and battery sectors showed weakness. In terms of individual stocks, ZTE Corporation's A and H shares rose together, with Hong Kong stocks up 7.47%; TONGCHENGTRAVEL (00780.HK) rose 3.52%, as the National Immigration Administration announced an extension of the stay period for visa-free foreign visitors to 240 hours; China National Offshore Oil Corporation (00883.HK) rose 1.8%, while WuXi Biologics (02269.HK) fell 2.55% ### Related Stocks - [TONGCHENGTRAVEL (00780.HK)](https://longbridge.com/en/quote/00780.HK.md) - [MEITUAN-W (03690.HK)](https://longbridge.com/en/quote/03690.HK.md) - [Huatai-PB CSOP Hang Seng Technology ETF(QDII) (513130.CN)](https://longbridge.com/en/quote/513130.CN.md) - [CNOOC (00883.HK)](https://longbridge.com/en/quote/00883.HK.md) - [FL2 CSOP HSI (07200.HK)](https://longbridge.com/en/quote/07200.HK.md) - [TRACKER FUND (02800.HK)](https://longbridge.com/en/quote/02800.HK.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [PING AN HKDIV (03070.HK)](https://longbridge.com/en/quote/03070.HK.md) - [XL2CSOPHSTECH (07226.HK)](https://longbridge.com/en/quote/07226.HK.md) - [FI CSOP HSI (07300.HK)](https://longbridge.com/en/quote/07300.HK.md) - [XI2CSOPHSTECH (07552.HK)](https://longbridge.com/en/quote/07552.HK.md) - [Direxion Daily FTSE China Bear 3X ETF (YANG.US)](https://longbridge.com/en/quote/YANG.US.md) - [WUXI BIO (02269.HK)](https://longbridge.com/en/quote/02269.HK.md) - [ZTE (00763.HK)](https://longbridge.com/en/quote/00763.HK.md) - [Invesco China Technology ETF (CQQQ.US)](https://longbridge.com/en/quote/CQQQ.US.md) - [Direxion Daily FTSE China Bull 3X ETF (YINN.US)](https://longbridge.com/en/quote/YINN.US.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) - [TRACKER FUND-R (82800.HK)](https://longbridge.com/en/quote/82800.HK.md) ## Related News & Research - [Tongcheng Travel Holdings Limited (0780) Gets a Buy from Huatai Securities](https://longbridge.com/en/news/280571746.md) - [Zhongtai Securities Sticks to Its Buy Rating for Wasion Holdings Limited (3393)](https://longbridge.com/en/news/281141455.md) - [CLSA Sticks to Their Buy Rating for China Merchants Bank Co (CIHHF)](https://longbridge.com/en/news/281093865.md) - [CICC Sticks to Its Buy Rating for CIMC Enric Holdings (CIMEF)](https://longbridge.com/en/news/281132485.md) - [Guotai Haitong Remains a Buy on Jinxin Fertility Group Ltd. 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