Hong Kong Stock Midday Review: The Hang Seng Index fluctuated narrowly in the morning session, with Xiaomi dropping over 10% in half a day
According to Jinshi Data on November 21, the main stock indices in Hong Kong showed a narrow fluctuation trend in the morning session. The Hang Seng Index opened slightly lower by 0.3% and then fell sharply before rebounding, rising nearly 0.3% at one point. The Hang Seng Tech Index also dropped nearly 1% at one point. By the close of the morning session, the Hong Kong Hang Seng Index was down 0.13%, and the Hang Seng Tech Index closed down 0.57%. In terms of sector stocks, large technology stocks showed a mixed performance. Kuaishou (01024.HK) fell over 10% in the morning session, while NetEase (09999.HK) rose over 2%, and Xiaomi Corporation (01810.HK) increased by 1.43%. The gaming software sector strengthened in the morning, with BOYAA (00434.HK) leading with a nearly 16% increase, and LanGao Interactive (08267.HK) rising over 5%. Real estate stocks fell in the morning, with Kaisa Group (01638.HK) dropping over 10%, and R&F Properties (02777.HK), Ronshine China (03301.HK), and Sunac China (01918.HK) all falling over 7%