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The Hang Seng TECH Index rose by 2.11%, with the retail sector leading the gains | Hong Kong Stock Market Closing Review

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On May 25th, the three major indices of the Hong Kong stock market rose collectively, with the Hang Seng TECH Index increasing by 2.11%. The department store sector performed outstandingly, with CENTURY GINWA rising by 88.37%. The integrated circuit and industrial wastewater treatment sectors also showed strong performance. In contrast, the security and pork sectors experienced declines. Southbound funds had a net sell of nearly 6.5 billion yuan

On May 25th, the three major indices of the Hong Kong stock market rose collectively, with the Hang Seng Index up 0.86% at 25,606.03 points; the Hang Seng China Enterprises Index up 0.89% at 8,550.87 points; and the Hang Seng TECH Index up 2.11% at 4,869.57 points.

In terms of sectors, the department store sector led the gains, with constituent stocks such as CENTURY GINWA rising 88.37% and SOGO rising 9.26%.

The integrated circuit sector performed strongly, with constituent stocks such as Tianli Holdings Group rising 82.56%, Quality International rising 7.84%, and Kwan Hung Holdings rising 7.07%.

The industrial wastewater treatment sector remained active, with constituent stocks such as China Water Affairs Group rising 36.36% and Shanghai Industrial Environment rising 1%.

The proton exchange membrane sector strengthened, with constituent stocks such as Dongyue Group rising 14.96%, Shanghai Electric rising 4.88%, and Sinopec Engineering rising 1.06%.

On the downside, the security sector weakened, with constituent stocks such as Sanbao Technology falling 9.23%, New Century Hotel falling 4.44%, and Fengyi Group falling 2.53%.

The pork sector adjusted, with constituent stocks such as Huisheng International falling 7.35%, COFCO Joycome falling 3.2%, and WH Group falling 2.13%.

Tech stocks had mixed performance, with Lenovo Group rising 19.77% and SMIC rising 7.61%; while Beike-W fell 5.26% and Tongcheng Travel fell 5.04%.

In terms of capital, southbound funds had a net sell of nearly 6.5 billion yuan today.

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