According to Zhitong Finance APP, the Hong Kong Hang Seng Index rose 0.87% in the morning session, reporting 19,794 points; the Hang Seng Tech Index rose 1.37%.
The non-ferrous sector warmed up in the morning, with overseas interest rate cuts combined with expectations of domestic economic recovery, and the industry is expected to enter a new upward cycle. CMOC (03993) rose 3.04%, reporting HKD 5.43; JIANGXI COPPER (00358) rose 2.42%; China Hongqiao (01378) rose 2.46%; China Aluminum (02600) rose 2.48%.
The mobile phone industry chain collectively rose, with the National Development and Reform Commission stating that it will implement new purchase subsidies for mobile phones and other digital products, and AI is expected to drive a rebound in mobile phone sales. BYD Electronics (00285) rose 4%; Q Technology (01478) rose 5%; AAC Technologies (02018) rose 5.7%; Sunny Optical (02382) rose 3.95%.
KINGSOFT CLOUD (03896) rose over 9%, as the company continues to accelerate its AI layout, and ecological synergy is expected to drive performance growth.
Suteng Juchuang (02498) rose over 12%, as the laser radar market heats up, holding a global launch conference for AI robots today.
Smoore International (06969) rose over 9%, with equity incentives reflecting development confidence, and institutions are optimistic about the potential for HNB business development.
Shandong Xinhua Pharmaceutical Co., Ltd. (00719) rose over 10%, with the company's A-shares hitting the daily limit, driven by a surge in sales of related drugs due to the high incidence of influenza.
Miniso (09896) rose over 11% in the morning session, as the company will launch co-branded products with &#34;Black Myth: Wukong.&#34;
China Tobacco Hong Kong (06055) rose 3.46%, with an expected annual net profit growth of no less than 30%, and institutions believe the company is likely to integrate resources from the China Tobacco system.
Dongfang Zhenxuan (01797) fell over 7%, having accumulated a rise of over 30% in the past two weeks, with Citigroup optimistic about the company's ability to seize the seasonal gift demand surge during the Spring Festival.
GaoXin Retail (06808) continued to fall over 5%, having once plummeted by 30% yesterday, affected by Alibaba's discounted clearance

MNSO

09896

03896

603993

03993

600362

00358

The Hong Kong Hang Seng Index rose 0.87% in the morning session, reporting 19,794 points, while the Hang Seng Tech Index increased by 1.37%. The non-ferrous metals sector saw gains due to overseas interest rate cuts and a warming expectation of domestic economic recovery, with related stocks such as CMOC and JCCL also rising. The mobile phone industry chain collectively surged due to policy support, with companies like KINGSOFT CLOUD and SuTong JuChuang experiencing significant increases due to AI layouts and market enthusiasm. Miniso launched co-branded products with "Black Myth: Wukong," resulting in a stock price increase of over 11%

- The Hong Kong stock market saw the Hang Seng Index rise by 0.87% to 19,794 points, with the Hang Seng Tech Index increasing by 1.37%.  
- The recovery in the non-ferrous sector is attributed to expectations of economic recovery and overseas interest rate cuts, with notable gains in companies like Luoyang Molybdenum and Jiangxi Copper.  
- The mobile phone industry also experienced a boost due to new subsidies, with companies like BYD Electronics and Sunny Optical seeing significant stock increases.

Zhitong

Miniso

Kingsoft Cloud

KINGSOFT CLOUD

CMOC

JCCL

JIANGXI COPPER

Direxion FTSE China Bull 3X

Citigroup

CHALCO

XI2CSOPHSTECH

SUNNY OPTICAL

CHINAHONGQIAO

SMOORE INTL

BABA-W

FI2 CSOP HSI

SUNART RETAIL

Nonferrous Metals

BYD ELECTRONIC

Direxion FTSE China Bear 3X

AAC TECH

Q TECH

Hesai

CTIHK

Shaanxi Jinye Group

SHANDONG XINHUA

Hunan Gold

ROBOSENSE

MediaTek

AGNM

Non-ferrous Metal

XL2CSOPHSTECH

Feinan Resources

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Focuslight

Hang Seng TECH Index

Great Shengda

Hang Seng Index

VanJee

Hong Kong Stock Mid-Review | Hang Seng Index rises 0.87%   Non-ferrous metal sector warms up in the morning session