Hong Kong stocks close | Three major indices continue to fluctuate at high levels, retailers rise, Alibaba closes up 2.73%, Kuaishou surges significantly

On January 9th, Hong Kong stocks closed with all three major indices rising, maintaining a high-level oscillation pattern. The retail sector rebounded strongly, with Alibaba and JD.com significantly rising, and Kuaishou's outstanding performance drove a divergence in the internet content and information sector, although Tencent and Baidu faced pressure. The restaurant sector declined, with Meituan and Mixue Group experiencing significant pullbacks, showing clear sector divergence and capital rotation. Popular stocks like Zhizhu and Gongsheng Zhizhu saw significant gains, with increased market volatility and active capital concentrated in leading technology and consumer stocks. On the macro level, signals of economic recovery and policy dynamics have become the core focus of the market