Hong Kong Stock Midday Review: Hang Seng Index closed up 0.87%, tech stocks and other weighted stocks rebounded collectively

On January 3rd, Jin10 Data reported that overnight U.S. stocks fell across the board, and Hong Kong stocks started the first trading day yesterday with losses, rebounding more than 100 points this morning before returning to a downward trend. The Hang Seng Index opened up 85 points at 19,708 points, but the increase was once limited. Subsequently, with capital support, it fluctuated upward during the session, reaching a maximum increase of 264 points at 19,887 points. By the close, the Hang Seng Index rose 0.87% in the morning session, and the Tech Index rose 1.37% in the morning session, with a half-day turnover of HKD 86.48 billion for the Hang Seng Index. On the market, diversified retail, telecommunications equipment, and electronic components stocks strengthened, while gold and semiconductor stocks rose for two consecutive days, and automotive stocks showed signs of recovery; online education, water services, and catering stocks declined, apparel and accessories stocks fell for two consecutive days, and military and battery stocks corrected. In terms of individual stocks, Xiaomi Group (01810.HK) rose over 5.5%, BYD ELECTRONIC (00285.HK) rose nearly 4.5%, Nio (09866.HK), Orient Overseas International (00316.HK), Sunny Optical Technology (02382.HK), and Semiconductor Manufacturing International Corporation (00981.HK) all rose over 3%. Dongfang Zhenxuan (01797.HK) fell over 6.5%, SenseTime (00020.HK) fell over 3.5%, and Bilibili (09626.HK) fell nearly 2%