Hong Kong stock market midday review | The Hong Kong stock market is experiencing a pullback, with the Hang Seng Index falling by more than 1%. New Oriental dropped over 25% after its earnings report; some Semiconductors stocks rose against the market tre
Network Technology stocks fell broadly, with Bilibili-W down 6.16% and JD-SW down 4.42%; most Property Services and Management stocks declined, with CHINA RES MIXC down 3.13% and CHINA OVS PPT down 2.98%; Semiconductors stocks strengthened, with Ennoconn up 5.18% and Semiconductor Manufacturing International Corporation up 2.39%.
Hong Kong stock movement | Crystal Tech Holdings-P (02228) surged over 11% against the market trend. The company recently raised net funds of over 1.1 billion Hong Kong dollars, exceeding the total amount raised in its IPO.
Jingtai Holdings-P (02228) rose more than 11% against the market trend, as of the time of writing, it has risen by 8.99%, priced at 4.85 Hong Kong dollars, with a transaction amount of 0.305 billion Hong Kong dollars.
Crystal International Holdings - P [02228] is currently reported at HKD 4.91, with an increase of 10.34%.
As of 10:35, Jingtai Holdings - P [02228] is priced at 4.91 HKD, up 0.46 HKD or 10.34% from yesterday's closing price of 4.45 HKD, with a trading volume of 218.6835 million HKD. Today's highest price is 4.91 HKD, the lowest price is 4.46 HKD. Based on yesterday's closing price, the 10-day average price is 4.59 HKD, the 50-day average price is 4.80 HKD, and the current PE is -1.02 times, with a 14-day strength index of 22.78.
Quick look at the Hong Kong market | The Hong Kong stocks rise for five consecutive days! The three major Indexes increase by about 2%; Network Technology stocks and Autos lead the rise with JD.com up more than 7% and BYD rising over 4%.
Most Network Technology stocks rose, with JD-SW up 7.29% and MEITUAN-W up 5.21%; Apple Supplier stocks generally increased, with AAC TECH up 6.39% and SUNNY OPTICAL up 4.14%; Biotechnology stocks mostly rose, with WUXI APPTEC up 7.23% and GENSCRIPT BIO up 5.43%.
Hong Kong Stock Mid-Session Review | Hong Kong stocks are on a strong rally! The Technology Index rose over 3%, and the Hang Seng Index climbed back above 20,000 points; Network Technology stocks, pharmaceutical stocks, and Autos are all up, with Meituan
Network Technology stocks rose, with JD-SW up 7.36% and MEITUAN-W up 6.77%; Digital Health stocks performed brilliantly, with Maidi Weikang up 17.24% and JD HEALTH up 5.66%; Lithium Battery stocks also increased, with BYD Company up 4.70% and BYD Electronics up 3.94%.
Crystal Tai Holdings' HKD 1.1 billion placement attracts attention. Is there a new opportunity in the AI pharmaceutical track?
① What aspects will the funds obtained from the allocation of Jingtai Technology be used for? ② To what stage has AI pharmaceutical development reached currently?
Over 1 billion HKD in oversubscription, Jingtai Holdings-P (02228) long-term investment value is once again verified by the market.
This placement financing, which received oversubscription, reflects the ongoing Bullish sentiment from domestic and foreign investors towards Jingtai Holdings. It also highlights the high long-term investment value that Jingtai holds as the first stock in the Hong Kong stock market for category 18C and the foresight of the company being the first to list in this category.
Citic Securities, Guotai Junan Securities Among Banks Acting as Placing Agents for XtalPi
XtalPi to Use Placement Proceeds for R&D, Meet Working Capital Needs
XtalPi Seeks to Raise HK$1.13B in Net Proceeds From Share Placement
Hong Kong Stock Announcement Gold Mining | CITIC SEC's net income attributable to the parent company is expected to grow by 10.06% year-on-year to 21.704 billion yuan in 2024.
Zijin Mining Group (02899) plans to acquire 24.82% of the equity of Zangge Mining for 13.729 billion yuan and gain control.
Crystal Technology Holdings-P (02228.HK) intends to place a total of up to 0.264 billion shares, raising a total of 1.13 billion Hong Kong dollars.
On January 19, Gelonghui reported that Crystal Holdings-P (02228.HK) announced that on January 18, 2025, the company entered into a placing agreement with the placing agents (namely CITIC SEC, GUOTAI JUNAN I, and Jingji Securities Group). According to this agreement, the company agrees to issue shares under a general authorization, while the placing agents agree (individually and not jointly or jointly and individually) to act as the company's agents to use their best efforts to place a total of up to 0.264 billion shares at a placing price of HKD 4.28 per share for the subscribers under the terms and conditions set forth in the placing agreement. The number of placing shares corresponds to the existing issued share capital as of the date of this announcement.
Hong Kong stock midday review | The three major indices rose and then fell, the Hang Seng Index increased by 0.83%; Golden Industrial Concept stocks collectively surged, Lao Pu Gold rose nearly 9%; Mainland Real Estate stocks mostly strengthened, SUNAC ro
Most Network Technology stocks rose, with Bilibili-W up 4.96% and NTES-S up 1.74%; Nonferrous Metals stocks increased, with Aluminum Corporation Of China rising 4.76% and CHINAHONGQIAO rising 4.38%; Property Services and Management stocks pushed higher, with Wanwuyun up 5.93% and CG SERVICES up 2.82%;
Hong Kong Market Quick Look | Hong Kong stocks were strong all day! The Hang Seng Index firmly held above the 19,000 mark, with the Tech Index rising over 3%; Tencent Related stocks surged, with Weimeng up over 26% and Youzan up over 8%.
Network Technology stocks rose, with JD-SW increasing by 5.35% and MEITUAN-W rising by 5.02%; CECEP Solar Energy stocks climbed higher, with FLAT GLASS up by 5.57% and FUYAO GLASS up by 5.06%; Autos stocks advanced, with LEAPMOTOR increasing by 13.00% and XPENG-W rising by 8.47%;
Hong Kong Stock Market Midday Review | The Hong Kong Stock Market is aggressively rising! The Hang Seng Index has returned to the 19,000 mark, and the Technology Index has increased by more than 2%; Network Technology stocks are rebounding strongly, with
Network Technology stocks are rising, with MEITUAN-W up 4.44% and KUAISHOU-W up 4.12%; Biotechnology stocks are also climbing, with BEIGENE up 8.82% and Junshi Biosciences up 6.46%; Autos stocks are all up, with LEAPMOTOR up 15.00% and YADEA up 5.60%;
Hong Kong market update | The decline of the Hong Kong stock market narrowed in the afternoon, with most Biotechnology stocks trending down, WUXI XDC dropping over 12%; Semiconductors stocks rose against the trend, Semiconductor Manufacturing Internationa
Network Technology stocks fell, Baidu Group-SW dropped 2.32%, XIAOMI-W fell 2.24%; Apple Supplier stocks declined, Q TECH fell 5.35%, BYD Electronic dropped 4.73%; Photovoltaic Power stocks mostly declined, FLAT GLASS fell 7.01%, XINYI SOLAR dropped 2.55%;
Hong Kong stock market midday review | All three major Indexes fell over 1%, Semiconductors and Golden Industrial Concept rose against the trend, with Semiconductor Manufacturing International Corporation increasing nearly 4% and SD GOLD rising nearly 3%.
The Network Technology stocks weakened, MEITUAN-W fell by 4.43%, and Baidu Group-SW dropped by 2.90%; Apple Supplier stocks generally declined, TK GROUP HLDG fell by 5.66%, and BYD Electronics dropped by 4.60%; Biotechnology stocks generally fell, WUXI XDC dropped by 11.67%, and EVEREST MED-B fell by 10.84%;
This week's Hong Kong stock market bull stocks | Multiple Recent IPOs have all reached new historical highs! The stock price of Health Road has doubled since its listing; GDS Holdings has increased by nearly 50% in the past three weeks, and the constructi
This week, the Hang Seng Index has fallen by a total of 3.52%, closing at 19,064.29 points; during the same period, the Hang Seng TECH Index has decreased by 3.23%, closing at 4,260.82 points; the Hang Seng China Enterprises Index has dropped by 3.65%, closing at 6,898.15 points.
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
Hurun's list of the 50 most valuable AI companies in China ranks SenseTime (00020.HK) third with a value of 50 billion yuan.
The Hurun Research Institute released the "2024 Hurun China AI Enterprises Top 50", which includes 27 non-listed companies, with a threshold value of 6 billion yuan (RMB). The threshold for the top ten is a value of 22 billion yuan. Founded in 2016 and headquartered in Peking, the AI chip company Cambricon (688256.SH) ranks first with a value of 238 billion yuan. The intelligent voice company Iflytek Co.,ltd. (002230.SZ) ranks second with a value of 116 billion yuan. The Machine Vision and large model company SenseTime (00020.HK) ranks third with a value of 50 billion yuan. Peking and Shanghai.