Futu News reported on April 16 that the three major Hong Kong stock indices all rose.$Hang Seng Index (800000.HK)$ Up 1.38%, $Hang Seng TECH Index (800700.HK)$Up 2.98%,$Hang Seng China Enterprises Index (800100.HK)$Up 1.73%.
As of the midday close, 1,216 stocks in Hong Kong rose, 804 fell, and 1,173 remained unchanged.
In terms of sectors,
Multiple technology stocks rose, with Baidu Group-SW up 8.38%, NetEase-S up 4.61%, Alibaba-W up 4.59%, Tencent Holdings up 2.81%, JD.com-SW up 2.73%, Meituan-W up 2.55%, Kuaishou-W up 2.32%, and Xiaomi Group-W up 2.07%.
Lithium battery stocks generally rose, with CATL up 10.30%, Ganfeng Lithium up 7.27%, Zhengli New Energy up 4.72%, BYD up 4.57%, Tianqi Lithium up 3.81%, CALB up 1.72%, Tianneng Power up 0.76%, and BYD Electronics up 0.36%.
Chip stocks performed notably, with Biren Technology up 21.41%, Tianshu Zhixin up 14.66%, Montage Technology up 10.67%, Gigadevice up 8.34%, FORTIOR up 3.28%, Innoscience up 3.26%, Shanghai Fudan up 1.91%, Hua Hong Semiconductor up 0.61%, and SMIC up 0.25%.
Automobile stocks collectively rose, with BYD up 4.57%, XPeng Group-W up 2.73%, Leapmotor up 2.11%, Geely Auto up 2.00%, Nio-SW up 1.55%, Xiangfeng Group down 0.99%, Li Auto-W up 0.85%, and Great Wall Motors down 0.45%.
Mobile gaming stocks collectively rose, with NetEase-S up 4.61%, Boyaa Interactive up 3.85%, Kingsoft Software up 3.82%, Bilibili-W up 3.05%, Tencent Holdings up 2.81%, Tanwan up 2.65%, XD Inc. up 2.03%, and NetDragon up 0.55%.
Solar energy stocks generally fell, with Lens Technology down 14.14%, GCL-Poly up 7.12%, JinkoSolar up 4.09%, Flat Glass Group up 2.38%, Xinyi Solar up 1.37%, GCL Technology down 1.02%, Fuyao Glass up 0.97%, and Xinyi Glass down 0.82%.
Regarding individual stocks,
$CATL (03750.HK)$ Surged over 10%, with a year-on-year increase of 48.52% in Q1 net profit, and plans to invest 30 billion yuan in new energy minerals.
$BIREN TECH (06082.HK)$Surged over 21% to hit a record high, driven by strong revenue growth from AI computing GPUs; the next-generation BR20X chip is planned for release this year.
$BIDU-SW (09888.HK)$ Rose more than 8%; the Create Conference announced three core highlights, accelerating the company’s AI ecosystem value.
$Jiangsu Lopal Tech. Group (603906.SH)$ Surged over 22%; expects a turnaround to profitability in Q1 results year-on-year, benefiting from increased downstream demand for lithium iron phosphate business.
$TIME INTERCON (01729.HK)$Increased nearly 6%; recent dense catalysts on Google’s chain, with AI data center interconnection as the company’s core growth driver.
$TENCENT (00700.HK)$Rose nearly 3%; Tencent Hunyuan released and open-sourced the 3D multimodal world model HY-World2.0.
$MEDBOT-B (02252.HK)$Rose over 6% again; management guided for at least 200 Tumai installations for the full year.
$COSCO SHIP ENGY (01138.HK)$Dropped over 2% as 347 million restricted shares are set to be unlocked soon.
$JIAXIN INTL RES (03858.HK)$Surged over 12%; cost structure is expected to improve further, with significant production growth after the completion of Phase II construction.
$MINIMAX-W (00100.HK)$The stock surged over 8% during trading as the company officially announced the launch of MaxHermes, a one-click ‘horse breeding’ cloud-based AI assistant.
$KINGSOFT CLOUD (03896.HK)$The stock rose nearly 4%, with the company expected to fully benefit from the upward momentum in the domestic cloud market.
$DONGFANG ELEC (01072.HK)$The stock jumped over 7% as overseas demand surged, providing domestic gas turbine manufacturers with at least a five-year window of opportunity.
Top 10 by half-day trading volume
Editor/Jayden
