Hong Kong Stock Afternoon Review|The Hang Seng Index fell 0.25% in early trading, and domestic housing stocks generally rose in early trading

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index fell 0.25% to 64 points to 25,453 points; the Hang Seng Technology Index fell 0.75%. Hong Kong stocks traded HK$126.8 billion in early trading.

Domestic housing stocks generally rose in early trading. On the first weekend after the Shanghai Eight Steps were launched, the agency expects housing prices in core cities to bottom out one after another. China Overseas Hongyang Group (00081) rose 11%; Sunac China (01918) rose 7%; and Country Garden (02007) rose 6%.

CRO concept stocks had the highest gains. Overseas CXO performance generally exceeded expectations, and the agency indicated that global demand recovery was confirmed. Gloria Ying (06821) rose 14%; Kingsley Biotech (01548) rose 7%; Tiger Pharmaceuticals (03347) rose 5%.

Changfei Optical Fiber Cable (06869) rose 8.8%, and the sharp rise in optical fiber volume and price led to a high increase in performance. Net profit surged 889% year-on-year in the first half of the year.

Jiantao Group (00148) rose more than 8%, net profit attributable to shareholders in the medium term increased 5% year on year, and copper-clad panel profits rose sharply.

Gacos-B (01167) rose more than 17%, and its net profit in the first half of the year exceeded 600 million yuan, turning a year-on-year loss into a profit.

Genting Xinyao (01952) increased by more than 10%. The dose of resistant fukang led to a high increase in performance, and the mRNA cancer vaccine circuit entered a cash out period.

Conet Optics (02276) rose more than 6%, and the XR business entered the volumetric phase, and revenue soared nearly 15 times in the first half of the year.

Spot gold surged higher in early trading and then dived. Lingbao Gold (03330) fell more than 7%; Chifeng Gold (06693) fell 5.9%.

Nanshan Aluminum International (02610) fell by more than 5%. Profit attributable to shareholders in the first half of the year decreased by 74.8% year on year, and falling alumina prices dragged down performance.

Jinjie Holdings (03918) fell by more than 5%. Net profit for the medium term decreased by 3.2% year on year, and total gaming revenue fell 8.6%.