Hong Kong Stock Midday Review | Hang Seng Index rose 1.45% in the morning session, strong performance in gold and non-ferrous resources sectors
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The Hong Kong Hang Seng Index rose 1.45% in the morning session, reporting 27,245 points, with a turnover of HKD 124 billion. Gold stocks surged across the board due to risk aversion and interest rate cut expectations, with CHI SILVER GP rising over 30%. Lithium stocks performed strongly, with TIANQI LITHIUM rising over 13%. Photovoltaic stocks generally rose, with Xinyi Solar increasing over 10%. Chip stocks continued their upward trend, with SMIC rising over 9%. Kuaishou-W rose over 7%, and Galaxy Entertainment Group increased over 7%. New Ming China plummeted over 83% in the morning session
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