The Hang Seng Index closed 0.13% higher, with power stocks leading the gains

On the 24th, Hong Kong stocks opened 0.79% higher and then narrowed. As of the close, the Hang Seng Index rose 0.13% to 23223.76 points, the state-owned enterprise index fell 0.03% and the red chip index rose 0.92%.

Gambling, power and telecommunications sectors led the gains, while sands China rose 4.7%, leading the gains in blue chips; Wynn Macau rose more than 8%, and MGM China rose more than 7%.

The power sector continued to rise, with CGN power up more than 5%, and China Resources Ali, CGN new energy and China power closed up.

The telecommunications sector rose for a long time, the big three mainland operators rose across the board, and China Mobile rose 1.9%. China Mobile’s strategic placement was released, and China Life Insurance Company Limited(601628) and China property insurance were allocated 34.734 million shares.

SaaS concept stocks fell, China National Software And Service Company Limited(600536) international once fell nearly 20% and closed down 10.1%; Yunxiang technology fell 10.6%.

In terms of individual stocks, Nanjing Panda Electronics Company Limited(600775) electronic shares rose more than 10%. During the year, the company successively won the bid for rail transit projects and continued to develop smart city business.

Hong Kong stocks will be closed this afternoon (December 24) for the Christmas holiday; In addition, Hong Kong stocks will be closed all day on December 27 (Monday).

(Zhongxin Jingwei)

 

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