Hong Kong Stock Afternoon Review | The Hang Seng Index rose 0.47% in early trading, and the real estate sector generally rose

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 0.47% to 119 points to 25,684 points; the Hang Seng Technology Index rose 0.6%. Hong Kong stocks traded HK$117.5 billion in early trading.

Domestic housing stocks rallied in the morning. Real estate-related policies have been introduced intensively in many places, and institutions say the sector is already overly pessimistic about pricing. Ruian Real Estate (00272) rose more than 17%; Sunac China (01918) rose 5.7%; China Overseas Hongyang Group (00081) rose 3.3%; Yuexiu Real Estate (00123) rose 3.9%, and Vanke Enterprise (02202) rose 2.8%.

The net profit of Tianqi Lithium (09696) soared 49 times and rose 4.6% in early trading.

Kingdee International (00268) rose more than 9%, Saifushi's earnings report shattered the “end of software” theory, and Kingdee's AI native products accelerated commercialization.

Fubo Group (03738) rose more than 8% after the results. Net profit in the first half of the year increased by nearly 93% year on year, generating AI-related revenue for the first time during the period.

Shangtang-W (00020) rose more than 6%, several performance indicators improved at the same time, and the company's business model changed gears.

Deshai-B (02526) rose 8.9%, and the company was included in 23 Hang Seng Index constituent stocks.

Hygea Healthcare (06078) rose more than 13% after the results, and adjusted net profit increased 38.1% in the first half of the year.

International commercial settlement (00147) soared by more than 51%, and preliminary negotiations were held with an independent third party on technology investment.

China Longgong (03339) rose more than 8%. Net profit increased 22.37% year-on-year in the first half of the year, and overseas revenue increased 20%.

Shenghong Technology (02476) fell 7%, and the deduction of non-net profit declined in the second quarter. The actual controller's transfer of shareholding to a spouse attracted attention.

CGN Mining (01164) fell 8.3%, natural uranium sales declined, costs rose, and losses in the first half of the year increased 18% year-on-year.

Zoomlion Heavy Industries (01157) fell more than 9% after the results. Net profit in the first half of the year fell by nearly 24% year on year, and the exchange had a negative impact of 1.26 billion yuan.