Hong Kong Stock Market Midday Review: The Hang Seng Index fluctuated widely in the morning, with the China Special Valuation sector continuing to show strength

USHK News
2024.12.17 04:05

According to Jinshi Data on December 17, the Hang Seng Index showed a wide range of fluctuations this morning, briefly erasing losses and turning positive, but the upward momentum could not be sustained and turned downward. The Hang Seng Tech Index fell more than 1% at one point this morning, with an intraday volatility of 1.3%. As of the midday close, the Hang Seng Index fell 0.39% to 19,718.56 points, the Tech Index fell 0.49% to 4,392.96 points, and the total turnover of the Hang Seng market reached HKD 66.804 billion. On the market, the China Special Valuation sector continued its strong performance from yesterday, showing a general rise in the morning, while tech stocks exhibited mixed performance with divergence, and pharmaceutical and battery sectors showed weakness. In terms of individual stocks, ZTE Corporation's A and H shares rose together, with Hong Kong stocks up 7.47%; TONGCHENGTRAVEL (00780.HK) rose 3.52%, as the National Immigration Administration announced an extension of the stay period for visa-free foreign visitors to 240 hours; China National Offshore Oil Corporation (00883.HK) rose 1.8%, while WuXi Biologics (02269.HK) fell 2.55%