Caixin News Agency, October 4th (Editor: Hu Jiarong) Hong Kong stocks strengthened once again today,$Hang Seng Index (800000.HK)$approaching the high point of 22667.74 points on Wednesday. As of the time of publication, the Hang Seng Index rose by 2.14%, to 22586 points; $Hang Seng TECH Index (800700.HK)$ rose by 4.13%, to 5184 points;$Hang Seng China Enterprises Index (800100.HK)$rose by 2.52%, to 8113 points.

Listed in Japan $One ETF Southern China A-Share CSI 500 (2553.JP)$ has attracted more attention, with an increase of 115.38%, reaching 22,400 yen. It has risen more than 10 times compared to the closing price on September 30.

Semiconductors and pharmaceutical stocks performed well.

Looking at the morning performance of the Hong Kong stock market, semiconductors, pharmaceuticals, brokerages, and petroleum stocks are leading.

Among semiconductor stocks,$SHANGHAI FUDAN (01385.HK)$,$SMIC (00981.HK)$,$HUA HONG SEMI (01347.HK)$They respectively increased by 24.23%, 20.33%, and 20.14%.

On the news side, institutions pointed out that against the background of localized production and the recovery of domestic demand for consumer electronics, domestic wafer foundry companies operated at a relatively full capacity in the second quarter, with utilization rates of 85.2% and 97.9% for Semiconductor Manufacturing International Corporation and Hua Hong Semi, respectively.

The brokerage also pointed out that in the third quarter, driven by the peak season demand for consumer electronics such as smart phones, they believe that the utilization rate is expected to continue to increase. The bank stated that the current one-year forward PB valuation of Semiconductor Manufacturing International Corporation and Hua Hong Semi is still at historically low levels, bullish on the subsequent valuation recovery market.

In the pharmaceutical sector,$WUXI BIO (02269.HK)$,$WUXI APPTEC (02359.HK)$They rose by 13.13% and 11.80% respectively.

On the news front, it was reported that WuXi Apptec and Wuxi Bio are in the process of selling some businesses. WuXi Apptec will sell WuXi Advanced Therapies. Discussions have been ongoing for several months, and contact has been made with contract manufacturers for the acquisition of all or part of the assets. Nomura Securities believes that if the above-mentioned businesses are successfully sold, investors will react more positively to WuXi Apptec relative to Wuxi Bio.

Among brokerage stocks, $SWHY (06806.HK)$Please use your Futubull account to access the feature.$EB SECURITIES (06178.HK)$and$CMSC (06099.HK)$ Increased by 20.53%, 15.40%, 12.50% respectively.

In terms of news, with the recent frequent release of policies, the market trading activity has significantly increased, and clients' willingness to open accounts has also strengthened. The A-share market is witnessing a surge in new account openings, with the number of new accounts at many brokerage firms doubling or even quadrupling.

Among petroleum stocks,$SINO OIL & GAS (00702.HK)$,$YANCHANG PETRO (00346.HK)$,$CHINA OILFIELD (02883.HK)$Increased by 41.67%, 13.92%, 5.68% respectively.

On the news front, as reported by the media, when asked whether he would support Israel's strikes on Iran's oil facilities, U.S. President Biden said, 'We are discussing that.'

Analysts indicate that Iran's daily production exceeds 3 million barrels, and a supply disruption could have significant global implications, closely linked to Israel's retaliatory methods and scale.

Impacted by this news, Brent crude rose by 5.39% on Thursday, closing at $77.88.

Editor/Somer