Due to Christmas Eve and Christmas, the Hong Kong stock market began to be closed in the afternoon. Affected by the holidays, the performance of the three major Hong Kong stock indices was lackluster in the morning. The Hang Seng Index surged to 0.45% in the intraday period and eventually closed up 0.13%. The State-owned Enterprises Index fell slightly by 0.03%, and the Hang Seng Technology Index rose 0.14%. On the market, weighted technology stocks did not fluctuate much, with Alibaba, Meituan, Xiaomi, JD, and Baidu falling within 1%; semiconductor chip stocks are trending actively; they are said to have implemented price increases of about 10%, and SMIC once rose by more than 5%; Goldman Sachs expects uranium prices to rise by 20%, nuclear power stocks collectively rise, and CGN Mining is the leading increase; most steel stocks, aluminum stocks, and military stocks showed an upward trend. On the other hand, it is reported that nearly 2,200 flights between China and Japan were cancelled in January next year. The three major airline stocks fell sharply, China Southern Airlines recorded 4 consecutive declines, and film and television stocks, coal stocks, Apple concept stocks, and biotech stocks were collectively weak. Note: Due to Christmas Eve and Christmas, Hong Kong stocks will be closed this afternoon, Thursday and Friday for a total of 2.5 trading days.

Zhitongcaijing · 2d ago
Due to Christmas Eve and Christmas, the Hong Kong stock market began to be closed in the afternoon. Affected by the holidays, the performance of the three major Hong Kong stock indices was lackluster in the morning. The Hang Seng Index surged to 0.45% in the intraday period and eventually closed up 0.13%. The State-owned Enterprises Index fell slightly by 0.03%, and the Hang Seng Technology Index rose 0.14%. On the market, weighted technology stocks did not fluctuate much, with Alibaba, Meituan, Xiaomi, JD, and Baidu falling within 1%; semiconductor chip stocks are trending actively; they are said to have implemented price increases of about 10%, and SMIC once rose by more than 5%; Goldman Sachs expects uranium prices to rise by 20%, nuclear power stocks collectively rise, and CGN Mining is the leading increase; most steel stocks, aluminum stocks, and military stocks showed an upward trend. On the other hand, it is reported that nearly 2,200 flights between China and Japan were cancelled in January next year. The three major airline stocks fell sharply, China Southern Airlines recorded 4 consecutive declines, and film and television stocks, coal stocks, Apple concept stocks, and biotech stocks were collectively weak. Note: Due to Christmas Eve and Christmas, Hong Kong stocks will be closed this afternoon, Thursday and Friday for a total of 2.5 trading days.