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<H Shrs>HSI Gains 21 Pts at Midday, Led by Autos/ New Energy Stocks; GEELY AUTO/ CATL Rally 8%+
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The HSI added 21 points or 0.1% to 25,981 at midday. The HSCEI inched up 14 points or 0.2% to 8,724. The HSTECH lifted 13 points or 0.3% to 5,073. Total half-day turnover of the market amounted to $147.491 billion.

Among automakers, NIO-SW (09866.HK) posted its first quarterly profit, boosting its share price by 16.1% to $44.28. LEAPMOTOR (09863.HK), SERES (09927.HK) and GWMOTOR (02333.HK) leaped 4.8%, while XPENG-W (09868.HK) and GEELY AUTO (00175.HK) elevated 5.6% and 8.6%. BYD COMPANY (01211.HK) climbed 1.7%, while XIAOMI-W (01810.HK) shed 0.4%.

Related NewsPPI YoY for Feb in China is -0.9%, higher than the previous value of -1.4%. The forecast was -1.1%.
Intelligent driving stocks WERIDE-W (00800.HK) and HESAI-W (02525.HK) swelled 7.9% and 5.8%, while battery stocks CATL (03750.HK) and CALB (03931.HK) hyped up 8.4% and 8.9%. ZENERGY (03677.HK) mushroomed 5%.

New energy stocks were brisk, with XINYI SOLAR (00968.HK), CGN POWER (01816.HK), GOLDWIND (02208.HK), GCL TECH (03800.HK) and FLAT GLASS (06865.HK) ballooning 4.3-5.4%. Coal stocks CHINA SHENHUA (01088.HK) and CHINA COAL (01898.HK) mounted 2.7% and 3.1%, while oil stock CNOOC (00883.HK) also jumped up 2%.

Aluminum stocks CHINAHONGQIAO (01378.HK) and gold miner ZHAOJIN MINING (01818.HK) ascended 2.6% and 3.6%. Shippers inclined alongside the external market, with SITC (01308.HK) escalating 5.6%. OOIL (00316.HK) and COSCO SHIP HOLD (01919.HK) shot up 2.8% and 2.7%.

Related NewsInflation Rate MoM for Feb in China is 1.0%, higher than the previous value of 0.2%.

AAStocks Financial News
Website: www.aastocks.com