Hong Kong Stock Market Midday Review: Hang Seng Index closed up 2.54%, the market opened high and continued to rise

According to Jinshi Data on February 26, U.S. stocks fluctuated overnight, while the China Golden Dragon Index slightly rebounded. Hong Kong stocks opened higher and continued to rise; the Hang Seng Index opened up 204 points at 23,238 points, with the increase expanding to a maximum of 663 points, reaching 23,697 points, a three-year high. By the close, the Hang Seng Index rose 2.54% in the morning session, and the Tech Index rose 3.69%, with a total market turnover of HKD 181.56 billion. On the market, alcoholic beverages, real estate agencies, and aluminum stocks strengthened, steel stocks performed well, tech heavyweight stocks led the market, and biopharmaceutical stocks continued to be strong; semiconductor equipment, publishing, telecommunications, and agricultural stocks declined, while heavy machinery stocks slightly adjusted. In terms of individual stocks, Budweiser APAC (01876.HK) rose over 12.5%, JD.com (09618.HK) and NONGFU SPRING (09633.HK) both rose over 7%, Meituan (03690.HK) and SMIC (00981.HK) both rose over 6%, Alibaba (09988.HK) rose nearly 5%, and Xiaomi Group (01810.HK) rose over 3.7%, setting a new historical high; China Literature Group (00772.HK) fell over 7.5%, CSPC Pharmaceutical Group (01093.HK) fell nearly 5%, and China Unicom (00762.HK) fell nearly 3%