Hong Kong Stock Midday Review: Hang Seng Index Rises 1%, Consumer Stocks Lead Gains, Property Stocks Surge

USHK News
2024.11.07 04:02

According to Jin10 Data on November 7th, Hong Kong stocks opened lower but rose throughout the morning, with the Hang Seng Index closing up 1.16% at 20,776 points; the Tech Index rose 0.99% to 4,619.57 points. On the market, consumer stocks led the gains, domestic property stocks surged, tech stocks rebounded, automotive stocks opened low but rose, while the photovoltaic sector declined. In terms of individual stocks, RADIANCE HLDGS (09993.HK) rose 38%, Shimao Group (00813.HK) rose 34%, R&F Properties (02777.HK) rose 26%, HAIDILAO (06862.HK) rose over 7%, CHINA RES BEER (00291.HK) and Li Ning (02331.HK) rose 6%, EAST BUY (01797.HK) rose nearly 5%, and MEITUAN (03690.HK) rose 3.4%