
Hong Kong Stock Midday Review | Hang Seng Index rose 0.19% in the morning session, food and beverage stocks advanced

The Hong Kong Hang Seng Index rose 0.19% in the morning session, reporting 21,457 points, while the Hang Seng Tech Index fell 0.91%. Ying'en Biotechnology-B debuted with a surge of 126% in the morning. Food and beverage stocks performed strongly, with ZHOU HEI YA rising 8.26% and China Resources Beverage rising 4.95%. HAICHANG HLDG rose over 12%, and Shangmei Co., Ltd. rose over 6%. Gaming stocks fell across the board, with Galaxy Entertainment down 3.57%. Apple concept stocks faced pressure, with QiuTai Technology down 1.4%
According to the Zhitong Finance APP, the Hong Kong Hang Seng Index rose 0.19%, up 40 points, closing at 21,457 points; the Hang Seng Tech Index fell 0.91%. The turnover of Hong Kong stocks in the morning session was HKD 108.8 billion.
Ying'en Bio-B (09606) debuted on the market, soaring over 127% in the morning session. The company is an ADC innovative drug developer.
Food and beverage stocks rose, as market risk appetite declined and domestic demand expectations improved, with institutions indicating that the allocation value of food and beverage is highlighted. Zhou Hei Ya (01458) rose 8.26%.
China Resources Beverage (02460) rose 4.95%, as domestic demand regained attention against the backdrop of trade conflicts, and the beverage business is expected to maintain high growth rates.
Weilong Delicious (09985) rose over 4% to reach a new high, with high consumption enthusiasm for categories like konjac, and the company's profitability is expected to continue to be released.
Haichang Ocean Park (02255) rose over 12% during the session, with a cumulative increase of over 30% this month, as multiple parks under its brand welcomed large crowds during the Qingming holiday.
Shangmei Co., Ltd. (02145) rose over 6% to reach a new high, with strong growth momentum for its main brand Han Shu, and institutions are optimistic about the beauty care sector benefiting from the trend of domestic product substitution.
Miniso (09896) rose 2.87% in the morning session, with institutions stating that the company's same-store sales improved quarter-on-quarter in the first quarter, and supply chain diversification helps mitigate risks.
Rongchang Bio (09995) rose over 10%, with excellent phase III data for Tai Tasi Pu gMGIII, and the first quarter performance will be disclosed at the end of the month.
Galactico Pharmaceuticals-B (01672) rose over 12%, as the company made significant strategic adjustments to its pipeline last year, with excellent results for weight loss drugs.
China Duty Free Group (01880) fell nearly 4%, as the immediate tax refund for departure has limited impact on duty-free sales, and the market is focused on the recovery of consumer demand.
Gaming stocks fell across the board, with Galaxy Entertainment (00027) down 3.57% during the session, as Citigroup indicated that the slowdown in Macau's gaming revenue in April was not unexpected.
Apple concept stocks were collectively under pressure, with Q Technology (01478) down 1.4% and BYD Electronics (00285) down over 2%. Trump insisted on the 13th that these products "do not have tariff 'exceptions'," stating that they are still subject to a 20% tariff in "different tariff 'buckets'." Reports suggest that this exemption may be temporary
