According to Zhitong Finance APP, the Hang Seng Index rose by 0.69%, up 154 points, closing at 22,658 points, while the Hang Seng Tech Index fell by 0.10%. The Hong Kong stock market saw a turnover of HKD 124.5 billion in the morning session.
During the May Day holiday, civil aviation passenger traffic experienced double-digit growth, and the expectation of falling oil prices is likely to support airline performance. Airline stocks rose in the morning, with Air China (00753) up 7.31%; China Southern Airlines (01055) up 8.44%; China Eastern Airlines (00670) up 8.58%; and Capital Airport (00694) up 3.32%.
It is reported that Ant Group's Ant International plans to go public in Hong Kong, and Yaocai Securities rose again this morning, at one point increasing nearly 20%. Alibaba concept stocks also rose, with China Dynamics (03818) up 6.41% and Yunfeng Financial (00376) up over 11.72%.
Shandong Molong (00568) surged by 50%, and the Shenzhen Stock Exchange has included Shandong Molong in the list of eligible securities for the Hong Kong Stock Connect.
Wanguo Gold International (03939) rose by 5.39%, as the company signed a mineral processing technology service and feasibility study contract with Zijin.
Rare earth concept stocks strengthened, with Jinli Permanent Magnet (06680) rising over 10%, as some rare earth metals surged more than twice after export restrictions.
Dongyue Group (00189) rose again by 6.65%, as refrigerant consumption is about to enter the traditional peak season, and a new round of price increases may occur in the second quarter.
Chow Tai Fook (01929) rose by 5.85% during the session, reaching a new high in over a year, recently receiving target price upgrades from several major banks.
Guofu Hydrogen Energy (02582) rose by 6.57%, as the company participated in the preparation of the &#34;Hydrogen Carbon Emission Accounting Method for Industrial By-products,&#34; achieving significant results in international cooperation.
MGM China (02282) rose by 7.96%, leading the gaming stocks, as the number of visitors to Australia during the May Day Golden Week exceeded expectations, with Macau's gaming revenue in April increasing by 1.7% year-on-year.
U.S. President Trump stated that he will announce tariff measures on pharmaceutical products within the next two weeks. CRO concept stocks fell broadly in the morning, with Weiya Bio (01873) down 5.88% and WuXi AppTec (02359) down 2.33%

002490

00568

600029

01055

601111

00753

600115

00670

The Hong Kong Hang Seng Index rose 0.69% in the morning session, reporting 22,658 points, with airline stocks generally rising, supported by the increase in passenger traffic during the May Day holiday and expectations of falling oil prices. Air China, China Southern Airlines, and China Eastern Airlines rose by 7.31%, 8.44%, and 8.58% respectively. In addition, Shandong Molong surged 50% after being included in the Hong Kong Stock Connect eligible securities. MGM China led the gaming stocks, rising 7.96%. CRO concept stocks fell broadly

Zhitong

Shandong Molong

SHANDONG MOLONG

CHINA SOUTH AIR

Air China

AIR CHINA

CHINA EAST AIR

BEIJING AIRPORT

Hang Seng TECH Index

MGM CHINA

YUNFENG FIN

VIVA BIOTECH

WUXI APPTEC

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

CHOW TAI FOOK

CHINA DONGXIANG

Hang Seng Index

ANT GROUP

JLMAG

ISHARESHSI

BRIGHT SMART

HSTECH ETF

BABA-W

DONGYUE GROUP

CSOP HS TECH

Hong Kong Stock Mid-Review | Hang Seng Index rose 0.69% in the morning session, airline stocks generally advanced