Hong Kong Stock Market Midday Review: People's Bank of China officially launches SFISF operation, Chinese securities firms' stocks rise

Jinshi Data News on October 18th, the People's Bank of China officially launched the Securities, Fund, Insurance Company Interchange Facility (SFISF) operation. A-shares rose, driving Hong Kong stocks higher, but the gains narrowed near midday. The Hang Seng Index closed up 0.75% at 20,229.94 points, while the Technology Index rose 1.03% to 4,394.4 points. On the market, Chinese brokerage stocks led the gains, with semiconductor and tobacco stocks strengthening, and real estate stocks rebounding. In terms of individual stocks, RonshineChina (03301.HK) rose by 21%, CMB Securities (06099.HK) rose by 12%, Shenwan Hongyuan (06806.HK) rose by over 9%, and SMIC (00981.HK) rose by 5%

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