HUYKENR@EC2607A(13705.HK)

JP Morgan has upgraded YANKUANG ENERGY's A-share rating to Neutral

Top 5 HK Stock Gainers/Losers (>100B) (2.4)

YANKUANG ENERGY(01171) rose 10.58%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 29.3%. EASTROC(09980) rose 9.53%, with a trading turnover 819.7 Million HKD, and a year-to-date rose 11.2%. MINIMAX-WP(00100) fell 8.43%, with a trading turnover 691.1 Million HKD, and a year-to-date rose 222.4%. KNOWLEDGE ATLAS(02513) fell 6.58%, with a trading turnover 254.1 Million HKD, and a year-to-date rose 95.5%.

Top 10 HK Stock Gainers (2.4)

GUOFUHEE(02582) rose 18.76%, with a trading turnover 501.3 Million HKD, and a year-to-date rose 28%. REFIRE(02570) rose 12.09%, with a trading turnover 291.3 Million HKD, and a year-to-date fell 20.3%. YANCOAL AUS(03668) rose 11.05%, with a trading turnover 246.7 Million HKD, and a year-to-date rose 36.5%.

The ChiNext Index fell over 2%, computing hardware stocks all declined, "Yi Zhongtian" plummeted, coal stocks surged, the Hang Seng Index dropped over 1%, chip stocks adjusted, and Shanghai gold and silver rose significantly

Coal stocks surged, YANKUANG ENERGY, Shaanxi Heimao, and YNCE hit the daily limit, while CHINA COAL, DYEC, and Jinkong Coal also saw significant gains. A-shares in the liquor sector rose again, with Huangtai Wine reaching the daily limit, marking a five-day winning streak, while JGJC, Moutai, LZLJ, and SHANXI FEN WINE also followed suit. Hong Kong chip stocks initially declined, with Shanghai Fudan dropping over 6%, Huahong Semiconductor falling more than 4%, Zhaoyi Innovation down over 3%, and SMIC dropping nearly 3%

Hong Kong Stock Midday Review | Hang Seng Index down 0.41%, technology sector leads the decline, JunDa Holdings rises 8.27% against the trend

As of noon, all three major indices of the Hong Kong stock market are down, with the Hang Seng Index falling by 0.41%, the Hang Seng Tech Index declining by 2.2%, and the National Enterprises Index weakening. Sectors such as internet content and information, retailers, and hardware storage are under collective pressure, with leading funds active but generally declining. Tencent Holdings fell by 3.36%, Xiaomi Group -W dropped by 2.60%, Alibaba -W decreased by 0.93%, and Meitu Inc. plummeted by 12.10%. Overall market sentiment is cautious, with technology and consumption under pressure, leading to a divergence in fund preferences. JunDa Co., Ltd. had high trading volume and rose by 8.27%, becoming a highlight of the market