Hong Kong Stock Midday Review

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The concepts of Cryptos and stablecoins are active, the U.S. Congress has officially approved the stablecoin bill, and global regulatory policies are gradually improving.

According to Zhitong Finance APP, the Hong Kong stock market’s Hang Seng Index rose by 0.73%, increasing by 177 points to 24,676 points; the Hang Seng TECH Index rose by 0.76%. The morning trading volume in the Hong Kong stock market was 136.1 billion Hong Kong dollars.

The concept of Cryptos and stablecoins is active as the U.S. Congress formally approved the stablecoin bill, and global regulatory policies are gradually improving. LINEKONG (08267) rose by 4%; OSL GROUP (00863) rose by 7.7%; SINOHOPE TECH (01611) rose by 2.76%; YEAHKA (09923) rose by 5.87%; ZA ONLINE (06060) rose by 2.12%.

MEITU (01357) rose by 3.7%, with AI Agent validating product strength, and Institutions are Bullish about the company’s performance ceiling being breached.

Yidu Tech (02158) rose again by 5.75%, as the company continues to promote AI solutions in the Medical Industry, with performance expected to achieve steady growth.

EAST BUY (01797) rose over 11%, soon launching a second new sanitary napkin product, with Institutions indicating that its proprietary products still have development space.

Jl Mag Rare-Earth (06680) rose by 3.64%, with net income expected to increase by a maximum of 180% year-on-year in the first half of the year, and Institutions are optimistic about the reassessment of the value of rare strategic Metals.

SHIYUE DAOTIAN (09676) rose more than 8% after its profit alert, expecting a year-on-year adjusted Net income growth of not less than 90% for the mid-term.

NIO-SW (09866) rose another 4.3%, with the anticipated pre-sale price of the L90 exceeding expectations. Morgan Stanley forecasts monthly sales to potentially surpass 5,000 units.

IVD MEDICAL (01931) increased by 8.98%, actively promoting the Web3 Exchange ecosystem and preparing to apply for a stablecoin license.

GUOQUAN (02517) rose over 10% again, with significant year-on-year growth in Net income and core Operating profit in the first half, continuously validating the Community central kitchen strategy.

YANCOAL AUS (03668) fell more than 7%, with a year-on-year increase of 15% in equity commodity coal production in the second quarter, affected by the port closures during the period.

KB LAMINATES (01888) dropped over 10% due to large shareholder KINGBOARD HLDG (00148) realizing HKD 0.785 billion from the rights issue.



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