《Economic Information Daily, 28th》 The Federal Reserve has begun its two-day interest rate meeting. However, Meta's first tranche of its capital raising plan—issuing $2.5 billion in common stock—was five times oversubscribed, supporting AI-related stocks. Overnight, the Nasdaq rose over 1%, benefiting related sectors in Hong Kong. The Hang Seng Index opened slightly higher this morning and fluctuated in early trading. However, a rebound in Shanghai and Shenzhen markets expanded gains in the Hang Seng Index. The index rose 99 points, or 0.4%, to close the morning session at 23,140, with main board turnover nearing HK$98 billion. The Hang Seng China Enterprises Index rose 39 points, or 0.5%, to 7,806. The Hang Seng Tech Index gained 68 points, or 1.8%, to 3,868.
U.S. tech giant Meta has launched a capital raising plan totaling nearly $10 billion, with the first tranche of $2.5 billion in common stock oversubscribed fivefold. AI-related stocks were supported. Lenovo Group (00992) rose 6.7% to HK$23.88; Huahong (01347) gained 6% to HK$68.4, ranking first and second among the top gainers in blue chips; SMIC (00981) rose 4.3% to HK$47.3; MiniMax (00100) climbed 7.5% to HK$185.2; Zhipu (02513) advanced 4.5% to HK$575.
Reports indicate Apple's 18 Pro sales increased 3.1% year-on-year compared to the 17 Pro series. Additionally, new iMac and MacBook Pro models were launched today, driving gains across Apple概念股. Sunny Optical Technology (02382) rose 5.1% to HK$66.55; AAC Technologies (02018) surged 11.6% to HK$39.28; BYD Electronics (00285) gained 3.7% to HK$22.8; Lens Technology (06613) rose 3.7% to HK$14.93; Foxconn (06088) climbed 4.1% to HK$3.705.
Pop Mart (09992) reported a 45% to 50% year-on-year decline in overall revenue for the third quarter, impacted by the fading popularity of Labubu and a high base effect. Pop Mart opened 6% lower but narrowed losses throughout the morning session, closing down only 0.8% at HK$131.
Hengrui Medicine (01276) reported a net profit of RMB 2.46 billion in the third quarter, up 89% year-on-year. The stock rose 11.8% in the morning session to HK$50.
Guanghe Technology (01989) posted a net profit of RMB 1.5 billion for the first nine months, doubling year-on-year, with a 130% surge in the third quarter alone. The stock rose 6.3% to HK$74.
New Oriental (09901) came under pressure ahead of its earnings release, falling 8.1% to HK$42.38 in the morning session, making it the worst-performing blue chip.
HSBC (00005), which plunged sharply yesterday after its earnings, rebounded 2.5% to HK$137.6.
The three most actively traded stocks on the Hang Seng Index were Tencent (00700), Alibaba (09988), and Pop Mart. Tencent closed at HK$388.4, up HK$3.2 or 0.8%, with turnover of HK$2.465 billion; Alibaba rose HK$2.3 or 2.4% to HK$99.3, with turnover of HK$2.111 billion; Pop Mart recorded turnover of HK$1.991 billion. (vs)
U.S. tech giant Meta has launched a capital raising plan totaling nearly $10 billion, with the first tranche of $2.5 billion in common stock oversubscribed fivefold. AI-related stocks were supported. Lenovo Group (00992) rose 6.7% to HK$23.88; Huahong (01347) gained 6% to HK$68.4, ranking first and second among the top gainers in blue chips; SMIC (00981) rose 4.3% to HK$47.3; MiniMax (00100) climbed 7.5% to HK$185.2; Zhipu (02513) advanced 4.5% to HK$575.
Reports indicate Apple's 18 Pro sales increased 3.1% year-on-year compared to the 17 Pro series. Additionally, new iMac and MacBook Pro models were launched today, driving gains across Apple概念股. Sunny Optical Technology (02382) rose 5.1% to HK$66.55; AAC Technologies (02018) surged 11.6% to HK$39.28; BYD Electronics (00285) gained 3.7% to HK$22.8; Lens Technology (06613) rose 3.7% to HK$14.93; Foxconn (06088) climbed 4.1% to HK$3.705.
Pop Mart (09992) reported a 45% to 50% year-on-year decline in overall revenue for the third quarter, impacted by the fading popularity of Labubu and a high base effect. Pop Mart opened 6% lower but narrowed losses throughout the morning session, closing down only 0.8% at HK$131.
Hengrui Medicine (01276) reported a net profit of RMB 2.46 billion in the third quarter, up 89% year-on-year. The stock rose 11.8% in the morning session to HK$50.
Guanghe Technology (01989) posted a net profit of RMB 1.5 billion for the first nine months, doubling year-on-year, with a 130% surge in the third quarter alone. The stock rose 6.3% to HK$74.
New Oriental (09901) came under pressure ahead of its earnings release, falling 8.1% to HK$42.38 in the morning session, making it the worst-performing blue chip.
HSBC (00005), which plunged sharply yesterday after its earnings, rebounded 2.5% to HK$137.6.
The three most actively traded stocks on the Hang Seng Index were Tencent (00700), Alibaba (09988), and Pop Mart. Tencent closed at HK$388.4, up HK$3.2 or 0.8%, with turnover of HK$2.465 billion; Alibaba rose HK$2.3 or 2.4% to HK$99.3, with turnover of HK$2.111 billion; Pop Mart recorded turnover of HK$1.991 billion. (vs)
