Hong Kong Stock Review: Hang Seng Index Rises 1.4%, Hong Kong Tech Index Rises Nearly 2%! Metal, Innovative Drug, Solar Energy Lead the Way! Horizon Robotics Rises 9%, SMIC Rises 4%, Trina Solar Rises Nearly 3%
Grandon Herald September 5th | Hong Kong Stock has continued to rise for three days. The Hang Seng Index rose 1.43% to 25417.98 points, the state-owned enterprise index rose 1.34% to 9057.22 points, and the Hong Kong Technology Index rose 1.95% to 5687.45 points.
Hong Kong Technology Index constituent stocks included Horizon Robotics, which surged over 9%, SMIC and Xiaohuang Semiconductor, which rose over 4%. Meike Group (000333), Lenovo Group, and Jinzhao International also rose over 3%.
Hong Kong Index constituent stocks included Xinxiang Optoelectronics, which surged over 7%, China Biopharmaceuticals, Hong Kong Land, which rose over 6%. Zijin Mining (601899), and China Macro Bridge also rose over 5%. Yiming Biochemical, Xinxiang Glass, Hansen Pharmaceutical, and Yiming Kangde (603259) all rose over 4%.
Negative capital flows purchased Hong Kong stocks worth HK$56.23 billion today.