Hong Kong Stock Mid-Review | Hang Seng Index fell 0.43% in the morning session, Hang Seng Biotechnology Index rebounded 1.72%
The Hong Kong Hang Seng Index fell 0.43% in the morning session, reporting 25,799 points, while the Hang Seng Tech Index dropped 1.36%. The Hang Seng Biotechnology Index rebounded 1.72%, with WuXi AppTec-B surging over 40% in the short term. Airline stocks performed well, with China Eastern Airlines rising 4.9% and China Southern Airlines increasing by 2%. New consumption concept stocks generally rose, and education stocks also showed significant performance, with SCHOLAR EDU rising over 18%. The Bitcoin strategy fell over 9%, and Xiaomi Group dropped another 3%
According to Zhitong Finance APP, the Hong Kong Hang Seng Index fell 0.43%, down 111 points, closing at 25,799 points; the Hang Seng Tech Index dropped 1.36%. The Hong Kong stock market saw a turnover of HKD 156.2 billion in the morning session.
The Hang Seng Biotechnology Index rebounded 1.72%, with Hong Kong stock Yaojie Ankang-B (02617) surging 42% in the short term, with a transaction volume exceeding HKD 1.1 billion.
Kangfang Biologics (09926) rose over 5%, with the results of the HARMONi-6 study to be published simultaneously in The Lancet and ESMO LBA.
Rongchang Biologics (09995) increased by over 5%, with the results of the Phase III clinical trial of Tislelizumab for systemic lupus erythematosus published in NEJM.
ZTE Corporation (00763) once rose 7%, with its stock price having increased by over 80% this year, as the company strengthens the research and development of intelligent computing-related products.
Aviation stocks rose again, with the three major airlines showing impressive operational data for September, and the industry's recovery is expected to continue. China Eastern Airlines (00670) rose 4.9%; China Southern Airlines (01055) rose 2%.
New consumption concept stocks in the Hong Kong market collectively rose, with Laopu Gold (06181) up 6%, Weilang Delicious (09985) up 3%, Pop Mart (09992) up over 5%, and Guoquan (02517) up over 3%.
Hong Kong education stocks surged, with Scholar Edu (01769) leading with an increase of over 18%, and New Oriental-S (09901) rising over 6%.
Baixin An-B (02185) rose over 10% again, with frequent catalysts this year, and institutions claim that Baixin An's commercialization is about to accelerate.
COSCO Shipping Energy (01138) rose over 4%, with strong demand in the crude oil tanker market in September, and multiple factors are expected to strengthen VLCC freight rates.
Bit Strategy (06113) fell over 9%, as it was named by the Hong Kong Securities and Futures Commission for its highly concentrated shareholding.
Xiaomi Group-W (01810) fell another 3%, with institutions stating that Xiaomi's stock price fluctuations are influenced by multiple news hotspots and market rumors
