Hong Kong Stock Market Mid-Review | Hang Seng Index rose 0.54% in the morning session, energy storage and lithium mining sectors surged

According to the Zhitong Finance APP, the Hong Kong Hang Seng Index rose 0.54%, up 141 points, closing at 26,487 points; the Hang Seng Tech Index rose 0.31%. The turnover of Hong Kong stocks in the morning session was HKD 178.7 billion. Newly listed stock Dipu Technology (01384) continued to surge by 36%; Baima Tea (06890) rose over 8%; Haixi New Drug (02637) increased by 7.59%. With a significant increase in demand for AI-driven energy storage, CITIC Securities' research report predicts that total demand for lithium batteries is expected to exceed 2,700 GWh next year, with a year-on-year growth rate of over 30%. Among this, the demand for energy storage batteries is expected to exceed 900 GWh, and multiple links in lithium may face shortages. Lithium mining stocks strengthened, with Ganfeng Lithium (01772) rising over 12%; Tianqi Lithium (09696) increasing by over 8%. The energy storage sector surged due to demand, with Zhongchuang Xinhang (03931) soaring over 12%; CATL (03750) rose 2.59%; Shuangdeng Co., Ltd. (06969) increased by over 7%. Ruipu Lanjun (00666) rose over 8%, as the company recently launched several strategic new products covering energy storage, commercial vehicles, and passenger cars. ANE (09956) surged 22%, as the company received a privatization proposal from a major shareholder consortium, with a premium rate exceeding 48%. China Duty Free Group (01880) rose 3%, as the entire Hainan Island will close customs in December, which is expected to promote the overall development of Hainan's tourism retail market. China Hongqiao (01378) rose nearly 7% again, as there have been recent production cuts in overseas electrolytic aluminum, which may further widen the overall supply-demand gap for electrolytic aluminum. Anhui Food (02648) rose over 8%, with a year-on-year growth of 11.8% in net profit attributable to the parent company in the third quarter, and BC's all-channel collaborative development. Construction machinery stocks led the gains. In September, the export value of construction machinery continued to grow year-on-year, and leading companies are expected to accelerate their performance in the third quarter. Sany (06031) rose 9%; Sensong International (02155) increased by 8.02%; China National Heavy Duty Truck Group (03808) rose 3.7%. WuXi AppTec (02359) fell over 4%, as shareholders controlled by the actual controller plan to reduce their holdings of no more than 2% of the company's A-shares