SGALIBA@EC2606A(29014.HK)

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SGALIBA@EC2606A
29014.HK
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Hong Kong stock market intraday | The Hang Seng Index rose slightly, with technology stocks Alibaba and Xiaomi both up over 2%; POP MART rose 6.60%, LAOPU GOLD rose 8.13%, and the jewelry and toy sector performed strongly

The main indices of the Hong Kong stock market showed limited fluctuations during the trading session, with the Hang Seng Index, Hang Seng Tech Index, and the National Enterprises Index all failing to break through their recent highs. The market structure displayed divergence, with the jewelry and toy retail sectors leading the gains, as leading stocks like POP MART and LAOPU GOLD surged significantly. Popular stocks such as Drinda rose by 28.88%, attracting high attention from investors. Overall, constrained by foreign capital inflows and weak consumption data, the market exhibited a clear wait-and-see sentiment

Market Heartbeat·
HK
09988
+2.55%
Market Heartbeat·
HK
09988
+2.55%

Tinaba and Banca Profilo partner with Alipay+ for digital payments in China, strengthening global position.

In Milan, Tinaba partnered with Banca Profilo to introduce digital payment services in China through an expanded collaboration with Alipay.

Unusual Whales·
HK
09988
+2.55%
US
KBAB
+10.04%
US
BABX
+9.99%
Unusual Whales·
HK
09988
+2.55%
US
KBAB
+10.04%
US
BABX
+9.99%

The Hang Seng Index opened up 231 points. Alibaba's chip business is rumored to be listed independently, with its stock price rising 3.8%. POP MART rose 4% | Hong Kong stock market opens

The Hang Seng Index opened 231 points higher this morning, reporting at 26,861 points. Alibaba's chip company is rumored to be going public independently, with its stock price opening up 3.88% at HKD 171.2. POP MART rose 4.27% due to the attention on its Valentine's Day limited edition blind boxes. U.S. stocks rebounded, with technology stocks generally rising, supported by robust economic data, as the Labor Department reported unemployment claims lower than expected. Southbound funds net bought HKD 5.239 billion in Hong Kong stocks, with Alibaba and several other stocks receiving net purchases

Stheadline·
HK
09988
+2.55%
HK
09992
+5.83%
HK
00HSI
+0.29%
Stheadline·
HK
09988
+2.55%
HK
09992
+5.83%
HK
00HSI
+0.29%

Alibaba once rose 4%, its chip company is rumored to be going public independently

Alibaba opened up 3.88% today, having risen 4.4% to 172 yuan, and is currently reported at 169.7 yuan, up 2.97%. Domestic media reported that Alibaba supports its subsidiary chip company Pingtouge to go public independently in the future, although the specific timing has not yet been clarified. Pingtouge was established in 2018 and is Alibaba's wholly-owned semiconductor chip business, offering a full range of end-to-end products

AASTOCKS·
US
BABX
+9.99%
US
BABA
+5.05%
US
KBAB
+10.04%
AASTOCKS·
US
BABX
+9.99%
US
BABA
+5.05%
US
KBAB
+10.04%

"Hong Kong Stocks" The Hang Seng Index opened 231 points higher, with Alibaba and POP MART rising 4%

The Hong Kong stock market opened higher, with the Hang Seng Index up 231 points at 26,861 points. Alibaba opened 3.9% higher due to support for its chip company to go public independently. POP MART's stock price rose 4.3% due to the launch of a Valentine's Day limited edition. Other tech stocks such as JD.com opened 2.6% higher, while Tencent opened flat. Xiaomi announced a share buyback plan of 2.5 billion yuan. Financial stock HSBC opened 0.5% higher

AASTOCKS·
HK
09992
+5.83%
US
BABA
+5.05%
HK
00HSI
+0.29%
AASTOCKS·
HK
09992
+5.83%
US
BABA
+5.05%
HK
00HSI
+0.29%
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$Alibaba(BABA.US) 200 is the major trend, with AI models leading domestically, developing its own GPU

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