Market Roundup

Today, the three major indexes of Hong Kong stocks rebounded slightly after opening low, and then maintained low shocks. As of the close. The Hang Seng Index closed down 1.1% and the Hang Seng Tech Index closed down 1.8%. The concept of innovative drugs has strengthened significantly, with Hengrui Pharmaceutical (01276) rising by more than 15% and China Biopharmaceutical (01177) rising by more than 10%; Education stocks strengthened at midday, with China Oriental Education (00667) rising more than 3%; The concept of rare earth rebounded at the end of the market, and Jinli Permanent Magnet rose by more than 2%; In addition, cement and building materials, biomedicine, environmental protection, petroleum and other concept stocks closed up. Concept stocks such as gold, stablecoins, nuclear power, non-ferrous metals, and chips weakened during the day. In terms of individual stocks, Lens Technology (06613) closed up 9% on the first day of listing, and "Jay Chou Concept Stock" Superstar Legend (06683) closed up 94%, with a market value of more than HK $10 billion; Guotai Junan International (01788) fell more than 5%.

Source: KGI Investment Products and Solutions Department

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