CHINA LIT, CLOUD MUSIC, and KINGSOFT rose more than 1%, while Trip.com fell more than 5%, and SENSETIME-W fell 3%. Banks, telecommunications, electricity, real estate, and biopharmaceuticals were among the top decliners.
On June 14th, Hong Kong stocks opened high, and the three major indexes rose in early trading. The Hang Seng Technology Index rose nearly 2% at one point. In the afternoon, the Hang Seng Index and the State-owned Enterprise Index turned down, closing at -0.55% and -0.67%, respectively. The increase in the Hang Seng Technology Index narrowed, closing at 0.32%.
On the market, the automobile, rare earth permanent magnet, non-ferrous metals, and media sectors rose the most, while the banking, telecommunications, power, real estate, and biopharmaceutical sectors fell the most.
In terms of technology stocks, NIO-SW led the gains with a 6.59% increase, Li Auto rose nearly 5.4%, XPENG-W rose by about 4.5%, and Yuewen Group, NetEase, and Kingsoft Software rose more than 1%. Ctrip fell more than 5%, and Sensetime and Xiaomi fell 3% and 0.73%, respectively.
Automobiles continue to rise for the fourth consecutive day
APOLLO Travel and "WeSmall" led the gains in the automobile sector, and LEAPMOTOR rose more than 4%. Dongfeng Group rose more than 2%, while Wuling, Great Wall, and GAC Zhang Chao rose 1%.
Rare earth permanent magnets, non-ferrous metals, and precious metals rose in the afternoon
Minmetals Resources rose 4.18%, Luoyang Molybdenum, and China Aluminum Industry led the gains, while Shandong Gold and LINGBAO GOLD fell more than 2%.
Banks fell for the fourth consecutive day
Gansu Bank and Jinshang Bank fell more than 5%, while China Merchants Bank, Industrial and Commercial Bank of China, and Bank of Communications fell more than 2%.
New energy and power fell
RUIFENG RENEW fell nearly 14%, China Aerospace Wan Yuan fell more than 8%, and CGN POWER, HARBIN ELECTRIC, and CGN MINING fell more than 2%.
Real Estate Downward Shock
Langshi Green Management and Lifen Holdings fell more than 8%, Long Guang Group and DEXIN CHINA fell more than 7%, and Hejing Taifu, YIDA CHINA, and Yuzhou Group fell the most.
Semiconductor Decline
