"half-day summary" the Hang Seng Index rose 34 points and the domestic housing stock was more than 7% frustrated by NetEase.
Hong Kong stocks fell first and then rose this morning. The Hang Seng Index opened the market with a loss of 21000 points, falling as low as 20839 points, then rose to a high of 21175 points, and closed at 21109 points, up 34 points or 0.16%. The national index rose 5 points or 0.08% to 7373 points, while the Hang Seng Technology Index fell 22:00 or 0.5% to 4631 points. The total volume of half-day transactions in the market was 83.324 billion yuan, and the half-day net inflows of Shanghai and Shenzhen-Hong Kong links to the south were 763 million yuan and 878 million yuan respectively.
Speculation in inner housing stocks, Yuzhou Group (01628.HK) rose 13.3%. 06158.HK, 00884.HK and 01813.HK all rose more than 11%. Country Garden (02007.HK), China overseas (00688.HK) and 02777.HK all rose more than 7 per cent. Dragon Lake (00960.HK) and Vanke Enterprise (02202.HK) rose 5 per cent and 4.5 per cent respectively. Country Garden Services (06098.HK), the property management unit, surged 12.3% to 31.45 yuan, making it the best performing blue chip. Financial Innovation Services (01516.HK) and Xuhui Yongsheng Services (01995.HK) rose 11.6% and 9.3% respectively.
Auto stocks were well built, with 09866.HK shares rising 9.8 per cent to 175.1 yuan in half a day, rising as high as 180.2 yuan. Xiao Peng (09868.HK) rose 12.8%. Ideal (02015.HK) rose 4.6 per cent. 01211.HK and 00175.HK rose 2 per cent and 0.7 per cent respectively.
In terms of technology stocks, 00700.HK fell 0.2% against the market to 368.8 yuan. It is reported that the people's Bank of China has not accepted Ant's application to set up a financial control company, and Alibaba (09988.HK) fell nearly 1 per cent. NetEase (09999.HK) fell 7.7% in half a day as plans for the launch of his game Diablo: immortality will be postponed. As for bilibili (09626.HK), it rose 1.5%. Kuaishou (01024.HK) and Meituan (03690.HK) fell about 1%. JD.com (09618.HK) and 01810.HK (Xiaomi) fell 2.9 per cent and 0.2 per cent respectively at the end of the "618" shopping festival in the mainland.
Education stocks are soft. New Oriental online (01797.HK) reportedly tried to build its own supply chain with goods. Its share price plummeted 22.7% to 19.32 yuan. Congenial New Oriental (09901.HK) fell 5.3%. Guangzheng Education (06068.HK) dropped by 23.9%. Hope Education (01765.HK) fell 3.3%.
Macao launched universal inspection and tightened 24-hour exit inspection measures, Hao gambling stocks were sold, City of Dreams International (00200.HK) fell nearly 5 per cent. Wynn Macau (01128.HK) and 00880.HK (00880.HK) fell 4.7 per cent and 4.1 per cent respectively. Sands China (01928.HK) fell 3.1 per cent. MGM China (02282.HK) fell 2.5%. Silver Entertainment (00027.HK) fell 1.7%.
On the financial side, 00005.HK is in preliminary talks to sell its Oman business, with its shares down 0.8 per cent in half a day. Shares in the Hong Kong Stock Exchange (00388.HK) rose 1.3 per cent after it proposed to accept more banks to settle on the spot market. 01299.HK also rose 1.5 per cent.
Three barrels of oil were under pressure and 00883.HK fell 4.9 per cent. 00857.HK fell 2.3 per cent. 00386.HK (Sinopec) fell 2 per cent.
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.