Hong Kong Stock Midday Review: Hang Seng Index closed up 2.24%, the market once again broke through the 22,000 mark

USHK News
2025.02.14 04:10

Jin10 Data reported on February 14th that the three major U.S. stock indices rebounded overnight, and the China Golden Dragon Index has risen for three consecutive days. The Hang Seng Index opened 212 points higher this morning at 22,027 points, showing strong upward momentum right from the start, once again challenging the 22,000 mark. During the session, it rose as much as 575 points to a high of 22,389 points, reaching a new high in over four months. By the close, the Hang Seng Index was up 2.24% in the morning session, while the Tech Index rose 3.07%. The total turnover of the Hang Seng market was HKD 163.75 billion. On the sector front, internet healthcare stocks surged for three consecutive days, while biotechnology, film and television, and SaaS concept stocks continued to strengthen, and automotive stocks rebounded. Semiconductor and domestic retail stocks declined, while oil and gas, as well as gaming software stocks, experienced a pullback. In terms of individual stocks, Alibaba Health (00241.HK) surged over 16%, ZA ONLINE (06060.HK) rose over 12%, WuXi Biologics (02269.HK) increased over 8%, and both Bilibili (09626.HK) and BYD Company (01211.HK) rose over 7%. Hua Hong Semiconductor (01347.HK) fell nearly 4.5%, SMIC (00981.HK) dropped nearly 3%, and NetEase (09999.HK) declined by 1.1%