Hong Kong Stocks Afternoon Review | The three major indexes fell collectively, and power stocks rose against the market trend. Huadian International and China Resources Power both rose by more than 4%

time:2022-09-29 16:31:52 source:clevelanddrifters.com author:Market analysis
Hong Kong Stocks Afternoon Review | The three major indexes fell collectively, and power stocks rose against the market trend. Huadian International and China Resources Power both rose by more than 4%

Futu Information, September 2 | Hong Kong stocks closed down collectively in midday trading, with the Hang Seng Index down 0.62%, the HSCEI down 0.8%, and the Hang Seng Technology Index down 0.97%. As of the noon close, Hong Kong stocks rose 557, fell 1041, and closed flat at 1309. Quote source: Futu Niuniu - Opportunities - Market Hotspots - Hong Kong Stock Hotspots - Ups and Downs Distribution In terms of sectors, the trend of science and technology stocks was divided, Bilibili and Baidu fell by more than 1%, Alibaba fell by nearly 1%, and Meituan fell slightly. Tencent and JD.com rose slightly. Power stocks strengthened, with Huadian Power International, China Resources Power and Datang Power up more than 4%, and Huaneng International Power shares up more than 3%. Most auto parts stocks rose, Fuyao Glass, Intron Technology rose more than 3%, and Nexteer rose slightly. Coal stocks weakened slightly, China Coal Energy fell more than 1%, China Shenhua and Yankuang Energy fell slightly, and Yancoal Australia rose more than 3%. Auto stocks continued to fall. Xiaopeng Motors fell by more than 4%, Ideal Auto and Weilai fell by more than 2%, and BYD shares fell by nearly 2%. Real estate and property management stocks both fell, R&F Properties fell nearly 8%, Xincheng Development fell more than 6%, Country Garden Services fell more than 5%, Shimao Services fell more than 4%, and Country Garden fell nearly 4%. In terms of individual stocks, $New Oriental Online (01797.HK)$ rose by more than 4%, and this week, it has risen by more than 40%. Dongfang selected and built a supply chain and launched an independent APP. $ Huadian Power International (01071.HK) $ rose more than 4% to lead power stocks, Inner Mongolia canceled the preferential electricity price policy. $COSCO SHIPPING Energy (01138.HK)$ rose by more than 6%, the profit in the second quarter improved significantly from the previous quarter, and the VLCC freight rate is expected to rebound significantly. $ Dongfang Electric (01072.HK) $ rose more than 3%, the agency pointed out that the company's thermal power equipment demand has increased rapidly, and the revenue from pumping storage orders is expected to advance. $CSSD (00317.HK)$ rose by more than 4%, and the agency expects that the price of this round of new ships is expected to hit a new high.

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