Hong Kong Stock Market Closing Summary: The Hang Seng Index rose 0.03%, while the Hang Seng Tech Index rose 0.09%
At the close of trading in Hong Kong, the Hang Seng Index rose 0.03%, while the Hang Seng Tech Index gained 0.09%. Hang Seng Index Total market turnover reached HK$283.462 billion. In the market, short-video concept stocks performed strongly throughout the day, with Kuaishou (01024.HK) rising more than 11%,Bilibili (09626.HK) rose over 5%. Mainland property stocks were active, with Rongxin China (03301.HK) and Greentown China (03900.HK) both rising over 6%.Pharmaceutical outsourcing stocks rose across the board, with Zhaoyan New Drug (06127.HK) up over 13% and Taitai Pharmaceutical (03347.HK) up over 6%. On the downside, commercial space stocks fell across the board, with Goldwind Science & Technology (02208.HK) down over 8%,Asia Pacific Satellite (01045.HK) fell more than 6%. Auto stocks were weak throughout the day, with Great Wall Motor (02333.HK) down more than 6% and NIOs (09866.HK) down nearly 6%.
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