The first trading day of the year of the tiger ushered in a good start for Hong Kong stocks. The three major indexes rose sharply, and the Hang Seng Index rose 2.71% to 24447 points; The national index rose 2.22% to 8535 points; The Hang Seng technology index rose 2.29% to 5540 points. The half day turnover of the market was HK $64.2 billion.
Large technology stocks rose collectively, Alibaba and Baidu rose nearly 5%, beep increased 3.5%, the US group rose 2.5%, Kwai sum, NetEase rose 1%, and Tencent increased 0.92%. Auto stocks led the sharp rise. The delivery data of the new car making force "Li Xiaowei" in January was bright, with ideal cars up 12%, Xiaopeng cars up 9% and Byd Company Limited(002594) up 6%. The big financial sectors rose hand in hand. Goldman Sachs predicted that the Federal Reserve would raise interest rates 10 times before the end of 2024, of which local banking stocks rose collectively, Standard Chartered Bank rose nearly 5% and HSBC Holdings rose more than 4.5%; The restructuring investment of participants was approved and Ping An Insurance (Group) Company Of China Ltd(601318) rose by more than 4.5%. The Winter Olympics is expected to benefit high-end sports shoes and clothing enterprises, and sporting goods stocks rose collectively, of which Li Ning rose nearly 6%. The SPAC initiated by him submitted an application for listing in Hong Kong stocks. Aviation stocks, coal stocks, catering stocks, haogambling stocks and other sectors rose sharply.
On the other hand, some biotechnology stocks weakened, with Rongchang biology falling by more than 3% and Cansino Biologics Inc(688185) biology falling by more than 2.5%. All film and television stocks fell, Alibaba pictures and digital kingdom fell 7%, and cat's eye entertainment fell more than 3%. The medical beauty concept sector fell, Corning hospital fell 27%, and PwC resigned as auditor halfway.
