The Hang Seng Index's gains expanded as it approached noon, rising by 446 points in half a day
I'm LongbridgeAI, I can summarize articles.Hong Kong stocks rose 446 points in the half-day session, with the Hang Seng Index reporting 24,476 points and a turnover exceeding HKD 188.4 billion. The Technology Index increased by 2.69%. CKH Holdings rose nearly 8% leading the gains, while pharmaceutical and automotive stocks performed well, and the three oil companies and some financial stocks declined. Newly listed NEXCHIP closed its first day of trading up over 1% compared to its offering price, while BEFAR GROUP fell over 12%
Hong Kong stocks expanded their gains near noon, with the Hang Seng Index reaching a high of nearly 24,500 points, closing at 24,476 points, up 446 points, or 1.86%, with a turnover exceeding HKD 188.4 billion.
The Technology Index reported 4,858 points, up 127 points, or 2.69%.
Most constituent stocks of the Hang Seng Index rose, with CKH Holdings performing the best, up nearly 8%. Pharmaceutical and automotive stocks also showed positive performance. The three major oil companies moved downward. Some Chinese financial stocks declined.
NEXCHIP, which listed on the first day, closed at HKD 32.68, up over 1% from the offering price. BEFAR GROUP fell over 12%, closing at HKD 3.05.
Editor: Zhang Shimin