Futu Information, May 27 | The three major indexes opened higher and moved higher. At noon, the Hang Seng Index rose 2.77%, the China Enterprises Index rose 2.87%, and the Hang Seng Technology Index rose 3.73%.

As of the noon close, Hong Kong stocks rose 1,006, fell 622, and closed flat at 1,241.

The specific industry performance is as follows:

In terms of sectors, large technology stocks strengthened. Alibaba rose by more than 12%, Bilibili rose by more than 5%, JD.com rose by nearly 5%, Meituan rose by more than 4%, Kuaishou rose by nearly 3%, and Tencent rose by more than 2%.

Returning to Hong Kong, Chinese concept stocks generally rose, Baozun e-commerce rose by 30%, Baidu rose by more than 15%, Weilai rose by more than 8%, Li Auto rose by more than 5%, and Wanguo Data rose by more than 3%. On the news, U.S. stocks and Chinese stocks rose sharply overnight.

Insurance stocks rose, China Ping An rose 3%, AIA rose nearly 3%, and ZhongAn Online rose more than 1%.

Sporting goods stocks were strong, Anta Sports rose nearly 5%, Li Ning rose more than 4%, and Xtep International rose nearly 2%.

Most pharmaceutical stocks rose, WuXi Biologics rose nearly 8%, Pharmaron rose more than 6%, and WuXi PharmaTech rose more than 6%. On the news, the State Council proposed to speed up the listing of innovative drugs with clinical value.

The Internet medical sector maintained its upward trend. Ping An Good Doctor rose by more than 4%, JD Health rose by nearly 3%, and Ali Health rose by more than 2%.

Gaming stocks rose, Galaxy Entertainment rose more than 4%, Sands China rose more than 3%, Wynn Macau rose nearly 3%, and SJM Holdings rose more than 2%.

Oil stocks were strong, CNOOC rose more than 4%, PetroChina rose more than 2%, and Sinopec rose more than 1%. On the news, OPEC+ refused to increase production significantly, and international oil prices rose significantly.

In terms of individual stocks, $Alibaba-SW(09988.HK)$ rose more than 12%. The company announced its financial report that in the fourth quarter of 2022, total revenue reached 204.052 billion yuan, and adjusted EBITA was 15.811 billion yuan, both higher than expected.

$Baidu Group-SW(09888.HK)$ rose more than 15%. The company announced its financial report that the total revenue in the first quarter was 28.411 billion yuan, a year-on-year increase of 1%; the non-IFRS net profit attributable to Baidu reached 3.879 billion yuan, exceeding market expectations.

$NIO-SW(09866.HK)$ rose more than 8%. In the news, the government will reduce the 60 billion yuan car purchase tax and issue car consumption coupons in many places.

$JD Logistics (02618.HK)$ rose more than 3%. According to the news, the company completed the issuance of 261 million shares to Jingdong Technology Group, raising a net amount of 4.411 billion yuan.

$Meilan Airport (00357.HK)$ rose nearly 6% in heavy volume, and rose nearly 8% during the session. On the news, Haikou International Duty Free City will open before the National Day this year, which is expected to boost the overall performance of outlying island duty free.

$ GenScript Biotechnology (01548.HK) $ rose 3%. A few days ago, the European Commission granted its subsidiary Legend Bio’s CAR-T product CARVYKTI a conditional marketing authorization.

Cloud Music (09899.HK) rose by more than 6%, and its net income in the first quarter increased by 38.6% year-on-year to 2.1 billion yuan; in addition, the company’s total of 13.3035 million restricted shares will be lifted.

Lexiang Group (06988.HK) rose nearly 8%, hitting a new high in more than a year. On the news, Southward Capital increased its holdings of Lexiang Group by 5.537 million shares for 5 consecutive days.

Half-day turnover TOP20

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