Hong Kong Stock Midday Review: Indices Fluctuate in the Morning, Auto Stocks Strengthen

On November 4th, Jin10 Data reported that U.S. stocks rebounded last Friday, and Hong Kong stocks opened higher today, fluctuating in the early session. The Hang Seng Tech Index rose by as much as 1.5%, with the Hang Seng Index closing up 0.11% at 20,528.12 points; the Tech Index closed up 0.88% at 4,523.18 points. On the market, pharmaceutical stocks and automotive stocks rebounded, while Chinese brokerage stocks strengthened. Domestic property management stocks fell, and rare earth concept stocks opened high but closed low. In terms of individual stocks, JOINN (06127.HK) rose over 17%, XPeng (09868.HK) rose 5%, Shenwan Hongyuan (06806.HK) rose 5.7%, China Rare Earth (00769.HK) fell 5%, and Jinli Permanent Magnet (06680.HK) fell 14%. UBOX ONLINE (2429.HK) fell nearly 53%, with over 200 million shares facing unlock