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<H Shrs>HSI Rises 9 Pts at Midday; NONGFU SPRING Leaps 8%+; HAIDILAO Dives 10%
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The HSI concluded the midday at 25,073, up 9 points. The HSCEI fell 16 points or 0.2% to 8,483. The HSTECH dropped 23 points or 0.5% to 4,807. The total market turnover for the half-day amounted to HKD151.293 billion. In the energy sector, CNOOC (00883.HK) and YANKUANG ENERGY (01171.HK) dropped 3.5% and 3.1%. KUNLUN ENERGY (00135.HK) dived 8.1%. As gold prices rebounded to above USD4,500, ZHAOJIN MINING (01818.HK), SD GOLD (01787.HK), and CHINAGOLDINTL (02099.HK) leaped 3.4-3.9%. LINGBAO GOLD (03330.HK) soared 4.9%. ZIJIN MINING (02899.HK) gained 1.4%. Gold jewelry retailer LAOPU GOLD (06181.HK) advanced 2.5%. Power and new energy stocks staged a rally. HUANENG POWER (00902.HK), DATANG POWER (00991.HK), HUADIAN POWER (01071.HK), and CGN POWER (01816.HK) rocketed 4.8-5.5%. DATANG RENEW (01798.HK) and GOLDWIND (02208.HK) shot up 4.1% and 3.5%. CHINA LONGYUAN (00916.HK) rose 3%. HAIDILAO (06862.HK) slumped 10%, as its full-year net profit slipped 14%, and the final dividend was reduced. In contrast, its supplier YIHAI INTL (01579.HK) rallied 6.5%. WH GROUP (00288.HK) mushroomed 5.5%. NONGFU SPRING (09633.HK) ticked up 8.8%. It reported a 31% increase in full-year net profit, exceeding expectations. Travel platform TONGCHENGTRAVEL (00780.HK) gained 2.6%. It logged a 20% surge in full-year net profit. Among carmakers, BYD COMPANY (01211.HK) and XPENG-W (09868.HK) edged down 0.9% and 3%. NIO-SW (09866.HK) advanced 1.2%. LI AUTO-W (02015.HK) rebounded 3%. In the tech sector, XIAOMI-W (01810.HK) fell 3.3%. SENSETIME-W (00020.HK) was flat at HKD1.91 at midday. PA GOODDOCTOR (01833.HK) spiked 11.7%. TENCENT (00700.HK) and BIDU-SW (09888.HK) shed 1.9% and 2.1%. BABA-W (09988.HK) and JD-SW (09618.HK) edged up 0.6% and 1.1%. MEITUAN-W (03690.HK) added 0.1%. NTES-S (09999.HK) and KUAISHOU-W (01024.HK) receded 0.9% and 1.1%. AAStocks Financial News |
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