"Hong Kong Stocks" The Hang Seng Index rose 155 points in the half-day session, Alibaba increased by 2.8%, and YOFC dropped by 10%

Reports indicate that Israel and Lebanon will start negotiations in the United States next week. The Hong Kong stock market rose and fell this morning (10th), with the Hang Seng Index opening up 139 points and briefly recovering the 26,000 mark, rising 321 points to a high of 26,073 points. It closed at 25,907 points, up 155 points or 0.6%; the Hang Seng China Enterprises Index rose 52 points or 0.6%, closing at 8,664 points; the Hang Seng Tech Index rose 51 points or 1.1%, closing at 4,873 points. The total turnover of the market for half a day was HKD 124.748 billion.

Tencent (00700.HK) launched the QClaw V2 major version, with the "Lobster Butler" feature also debuting, but the stock price fell 0.7%. It was reported that Alibaba (09988.HK) will release its AI video large model HappyHorse in a week, with the stock price rising 2.8% to HKD 126.4 for the half day. Lenovo (00992.HK), SenseTime (00020.HK), Meituan (03690.HK), NetEase (09999.HK), and Kuaishou (01024.HK) each rose between 0.9% and 2.2%. Baidu (09888.HK) fell 0.5%.

Chip stocks performed well, with Hua Hong (01347.HK) rising 1.3% and SMIC (00981.HK) rising 3.5%. AI stocks Zhizhu (02513.HK) and MiniMax (00100.HK) both rose 1.7%, while XunCe (03317.HK) also rose 1.7%. Yangtze Optical Fibre and Cable (06869.HK) plummeted 9.9% to HKD 216.6, with a turnover of nearly HKD 5.46 billion. Its A-share shareholder, Yangtze Communication, plans to reduce its holdings in the company by no more than 1 million shares from today until early July.

Reports indicate that Iran allows no more than 15 ships to pass through the Strait of Hormuz daily, and several Saudi energy facilities have been attacked and suspended operations, leading to a narrowing of international oil price increases. CNOOC (00883.HK) fell 0.8% for the half day, PetroChina (00857.HK) fell nearly 0.1%, and Sinopec (00386.HK) fell 0.4%. As for aluminum stocks, Hongqiao (01378.HK) and Chalco (02600.HK) both fell 2.5%.

Nio (09866.HK) has a pre-sale price starting at RMB 528,000 for the ES9, which will officially launch at the end of May, but the stock price fell 5.8%. Morgan Stanley pointed out that Nio's stock price has accumulated a 36% increase over the past month, and there may be profit-taking pressure in the short term after the company announces the ES9. Other automotive stocks showed mixed developments, with Li Auto (02015.HK) rising 4.2%, making it the best-performing blue-chip stock. XPeng (09868.HK), BYD (01211.HK), and Geely (00175.HK) each rose between 0.7% and 1.1%. Xiaomi (01810.HK) fell 0.4%.

In the financial sector, HSBC (00005.HK) rose 0.6%, Hong Kong Exchanges and Clearing (00388.HK) rose 0.3%, and AIA (01299.HK) rose 0.8%. CITIC Securities (06030.HK) saw its stock price bounce up 10.1%, recording a net profit of RMB 10.22 billion in the first quarter, an increase of nearly 55% year-on-year In addition, Master Kong (00322.HK) fell 3.4%, making it the worst-performing blue-chip stock. China Mobile (00941.HK), China Telecom (00728.HK), and Unicom (00762.HK) each rose by 0.3% to 0.7%.

Dipu Technology (01384.HK) saw its stock price surge by 51.8% to HKD 45.5, with a trading volume of HKD 1.101 billion. (jl/W)