According to Futu News on August 17, the three major indexes of Hong Kong stocks fluctuated high, and then the V-shaped index rose. As of press time, the Hang Seng Index rose 0.5%, the Hang Seng Technology Index rose 0.48%, and the State-owned Enterprises Index rose 0.53%.
The rise and fall of science and technology stocks varies, with Meituan up more than 4%, NetEase, Inc and JD.com up more than 1%, and Tencent down more than 1%.
The concept of green power is strong again, with China Longyuan Power Group Corporation up 8 per cent, Datang New Energy up nearly 8 per cent and China Power up more than 6 per cent.
Inner housing and property management stocks continued to rise. Country Garden Holdings and Xuhui rose by more than 5%, Longfor Group by more than 3%, Xuhui Yongsheng Service and Shimao Service by more than 2%.
The trend of gas stocks is divided. China Gas fell by more than 9%, China Resources Gas fell by more than 4%, and Tianlun Gas and Hong Kong China Smart Energy rose.
Individual stocks$Meituan-W (03690.HK) $It rose by more than 4%. It is reported that Tencent has no plans to sell Meituan shares at present.
$Beijing Oriental Jingdian (00710.HK) $The share price rose more than 5 per cent to an all-time high, with the company reporting interim results for the six months ended June with revenue of HK $4.831 billion, an annual increase of 51 per cent. It recorded a net profit of HK $251 million, an increase of 163.8%, or a profit of HK34.5 cents per share.
$Techtronic Industries (00669.HK) $Rose more than 3%, the largest customer The Home Depot Inc second-quarter performance better than expected, car and home appliance consumption preferential policies continue to force.
$China Longyuan Power Group Corporation (00916.HK) $It rose 8% to HK $13.5. Wellington Management increased its stake in the company by 5.939 million shares at HK $11.68 each on Aug. 11, according to the latest data from the Hong Kong Stock Exchange.
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