Hong Kong stocks mid-day review: rebound near midday! Hang Seng Technology rose 0.34%, semiconductor stocks surged significantly
The three major stock indexes in Hong Kong rebounded near midday, with the Hang Seng Technology Index and the state-owned enterprise index rising by 0.34% and 0.09% respectively, while the Hang Seng Index continued to fall by 0.2%. Weighted technology stocks that had been declining continuously saw some recovery, with Baidu surging more than 2% in a straight line, Alibaba in the green, and Tencent, Xiaomi, and JD.com down by less than 0.6%. Semiconductor stocks showed a significant increase, with Huahong Semiconductor leading the gains, while oil stocks, brain-computer interface stocks, and robotics stocks all rose. Additionally, spot gold fell below $4700 again, with inflation prospects becoming a market focus. Gold stocks continued their weak trend, with Walc Nuclear Materials leading the decline by more than 12% after its performance, followed by a decline in nuclear power stocks, as well as lackluster performances in lithium battery stocks, Macau casino stocks, and aviation stocks.
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