On January 16th, Jin Shi Data reported that U.S. stocks surged overnight, and Hong Kong stocks opened higher following the upward trend. The Hong Kong market saw a pullback after an early morning surge, with the Hang Seng Index closing up 0.83% at 19,445.68 points. The Hang Seng Tech Index rose 0.86% to 4,401.33 points. In the market, technology stocks experienced high volatility, automotive stocks rebounded, pharmaceutical stocks strengthened, precious metals sector rose, chip stocks pulled back after a surge, and consumer stocks declined. In terms of individual stocks, SHIYUE DAOTIAN (09676.HK) rose 13.6%, CARSGEN-B (02171.HK) increased by 14%, HUA HONG SEMI (01347.HK) gained 4.9%, Bilibili (09626.HK) was up 5%, XPeng (09868.HK) rose 3.6%, and ZIJIN MINING (02899.HK) increased by 3.3%. SMIC (00981.HK) closed down 0.27%, having once risen over 6% in the morning session
