HK Stock Morning Review | HSI Rises 0.18%, Coal Stocks Lead Gains
HK Stock Morning Review obtained by Zhongtong Finance APP, with HSI rising 0.18% or 45 points to 24947; HS Tek Index rose 0.03%. HK stocks saw early morning trading volume reach HKD 12.06 billion.
Coal stocks led the gains, with coal prices rising for the fifth consecutive time and industry "reverse speculation" showing initial signs of effectiveness. China Shenhua (01088) rose 3.61%; Yangquan Energy (01171) rose 4.1%.
Jin Tai Holding (02228) surged over 8%, signing a pipeline cooperation agreement with DoveTree, with a total order value of approximately HKD 470 billion and receiving the first payment of around USD 51 million under the agreed-upon terms.
Chongqing Machine Tool China (01651) rose 4.68%, with its Japanese subsidiary reporting a nearly fourfold increase in Q1 net profit; June machine tool production data showed an upward trend.
Zhike Technology (01302) rose 6.97%, with institutions expecting the company's products to gradually clear up in the second half of the year, sparking attention on industry valuation repair.
Bubble Mart (09992) rose 6.31%, with its own IP demand strong; Goldman Sachs emphasized that its platform value is underestimated by the market.
Zhongshan Shipbuilding (00317) surged over 7%, expected to see a more than twofold increase in first-half net profit, with Zhongshan group accelerating restructuring efforts.
BYD Electronics (00285) rose over 6%, driven by AI-driven liquid cooling market growth; the company has entered the industry chain of Nvidia.
Wuling Motor (00305) rallied over 10% after profit-taking, with mid-term net profit soaring nearly threefold; the company is actively laying out its new energy industry plans.
Qilu Highway (01576) fell 6.37%, with the company issuing a loss warning recently, expected to see a 21.62% year-on-year decrease in mid-term net profit.
Dongfang Selection (01797) dropped over 7%, with Siam's reputation hit by the controversy surrounding its member store closure; the company saw its stock price double from early July to date.
Bao Ya Interactive (00434) fell over 6%, expected to see a 25% to 35% year-on-year decrease in first-half profit.