Hong Kong Stock Midday Review: Hang Seng Index Rises 0.49%, ChiNext Index Rises 0.93%! Gold Soars, InnoWay Tech Rises 12%, Huahong Semiconductor Rises 6%, ZeroRun Automobile Rises 6%, Xiaomi Group Rises Over 2%
August 4, Hong Kong stock three major indices opened low and closed high. As of the midday closing, the Hang Seng Index rose 0.49%, reporting 24,627.25 points, the Hang Seng Technology Index rose 0.93%, and the state-owned enterprise index rose 0.51%. On the trading floor, many tech stocks rose sharply, including Xiaomi Group, which rose over 2%; gold stocks soared, with Shandong Gold (600547) and Red Mountain Gold (600988) rising over 9%; recruitment companies like Jinzhong Mining (601111) rose over 8%.
Gold stocks soared, with Shandong Gold and Red Mountain Gold rising over 9%. On the news front, according to data released by the US Labor Department, the United States added 73,000 non-farm jobs in July, much lower than market expectations. The total number of new jobs added in May and June was revised down significantly, with a cumulative reduction of 258,000 jobs.
New energy vehicle stocks rose sharply, with ZeroRun Automobile rising nearly 6%. On the news front, ZeroRun Automobile announced on its official WeChat account that it had delivered a total of 50,129 vehicles in July, up more than 126% year-on-year. The company also reported that it had sold over 5,000 vehicles for the first time.
Entertainment stocks were active, with Cat Eye Entertainment rising over 3%. According to a research report released by China Securities Company (000783), the summer box office in the first half of July was lacking in major blockbusters, and overall market enthusiasm was not high. Looking ahead to the second half of the summer box office, the company predicts that the total box office will increase significantly, driven by the release of films like "Nanjing Photography Studio" and "Wang Xinyi's Little Monster", which are expected to perform well at the box office.
Source: Sina News