Hong Kong stock morning report on January 2: Alibaba cleared its holdings in SUNART RETAIL for over 13.1 billion Hong Kong dollars, and BYD's Electric Vehicles sales are expected to increase by more than 40% in 2024.
① In 2024, the fundraising amount of Hong Kong's IPO market returns to the top five globally. ② Alibaba clears out SUNART RETAIL with over 13.1 billion Hong Kong dollars. ③ BYD's sales of Electric Vehicles in 2024 increase by over 40% year-on-year. ④ New loan approvals in Hong Kong in November show a month-on-month growth of about 28%.
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U.S. stocks are moving | The Nasdaq Golden Dragon China Index is up over 1%, and Xpeng Motors (XPEV.US) has risen more than 4%.
On Tuesday, the Nasdaq Golden Dragon China Index rose by more than 1%, and the China Concept Stocks, including Xpeng Autos (XPEV.US), increased by over 4%.
