
Hong Kong Stock Midday Review: Hang Seng Index closed down 1.55%, chip stocks rebounded, SMIC rose 7%
According to Jinshi Data on April 9th, Hong Kong stocks opened significantly lower in the morning, then rebounded and narrowed the decline, with the Hang Seng Index closing down 1.55% at 19,815.24 points; the Tech Index closed down 0.96% at 4,524.62 points. On the market, the China Shipbuilding sector surged, domestic property stocks rose, chip stocks were strong, oil and gas stocks fell, and pharmaceutical stocks declined. In terms of individual stocks, China Shipbuilding Defense (00317.HK) rose 15.88%, Sunac China (01918.HK) rose 12.6%, SMIC (00981.HK) rose over 7%, Xiaomi Group (01810.HK) rose 3%, Tencent Music (TME.N) and Nio (09866.HK) fell over 6%, Lenovo Group (00992.HK) fell 6% leading the blue-chip stocks, and PetroChina (00857.HK) fell over 5%. The net buying amount of southbound funds reached 17.5 billion yuan in half a day