Hong Kong Stock Market Midday Review: Hang Seng Index closes up 0.52%, with automotive stocks leading the market

Jinshi Data reported on October 22nd that the overnight decline in US stocks led to a rebound, with the Hang Seng Index falling 325 points yesterday, then opening slightly lower this morning before rising over 200 points at one point. The Hang Seng Index opened 44 points lower at 20433 points, then stabilized, with the index rising by a maximum of 196 points to 20629 points. Subsequently, the gains significantly narrowed, turning briefly negative. By the close, the Hang Seng Index rose by 0.52% in the morning session, the Technology Index rose by 1.41%, and the total turnover of the Hang Seng Index was HKD 90.185 billion.

On the market, Chinese securities firms, defense, nuclear power, and wind power stocks strengthened, while automotive stocks performed well; telecommunication equipment, computer equipment, and online education stocks declined, and real estate and gold stocks retreated. In terms of individual stocks, Geely Auto (00175.HK), Li Auto (02015.HK) both rose by over 7%, China Literature (00772.HK) rose by over 5.5%, SenseTime (00020.HK), China Resources Power (00836.HK), Chow Tai Fook (01929.HK) all rose by over 4%; Lenovo Group (00992.HK) fell by over 2.5%, Baidu (09888.HK) fell by over 2%, BYD Electronics (00285.HK) fell by over 1.5%, and Ping An Insurance (02318.HK) fell by 1.2%