Hong Kong Stock Midday Review: The Hang Seng Index rose strongly, closing up 2.12%, with the pharmaceutical sector exper…
According to Jinshi Data on June 29, after a cumulative drop of over 1,200 points last week, the Hang Seng Index opened higher this morning and subsequently surged to recover the 23,000-point mark, rising over 400 points during the day. The Hang Seng Tech Index showed strong performance, soaring 3.6% at midday. As of the lunch break, the Hang Seng Index closed up 2.12% at 23,153.43 points, while the Tech Index rose 3.68% to 4,412.23 points, with a total market turnover of HKD 172.926 billion. On the sector front, the pharmaceutical sector saw a broad breakout, with innovative drug concepts leading the market. Tech stocks, gaming software, and other sectors performed strongly, while electronic components and optical communications saw collective adjustments. In terms of individual stocks, newly listed Baige Digital (02672.HK) surged 317.95% at midday, Hengrui Pharma (01276.HK) rose 7.84%, Transthera-B (02617.HK) increased 39.56%, Lenovo Group (00992.HK) fell 9.64%, and YOFC (06869.HK) dropped 8.22%
