Hong Kong: Hong Kong Stocks Mixed at Midday Close on October 26, Hang Seng Index Up 0.44% at 23,193.94 Points
At the midday close on October 26, Hong Kong's three major stock indexes were mixed: the Hang Seng Index rose 0.44% to 23,193.94 points; the Hang Seng China Enterprises Index rose 0.5% to 7,795.25 points; and the Hang Seng TECH Index fell 0.37% to 3,857.45 points. By sector, lottery concept stocks led the gains, with China Vanguard Holdings up 16.55%, Jiami Technology up 6.25% and Success Universe Group up 5.56%. The internet insurance sector performed strongly, with Baige Online up 30.42%. The software outsourcing sector remained active, with Noah Intelligence up 34.55%, Inspur Digital Enterprise up 7.6% and Kingdee International up 2.22%. The oil stocks sector strengthened, with China Oilfield Services up 7.16%, PetroChina up 4.11% and China Petroleum & Chemical Corporation up 3.7%. On the downside, the optical communications sector weakened, with Junzhi Group down 10.56%, Lens Technology down 7.63% and Cambridge Industries Group down 6.74%. Printed circuit board concepts adjusted, with Kinwong Electronic down 8.88%, Guanghe Technology down 5.25% and Xinqi Micro-Assembly down 4.76%. Most technology and internet stocks fell, with Hua Hong Semiconductor down 4.82%, Lenovo Group down 3.80%, XPeng down 3.39% and CMGE down 2.82%. Overall, the Hong Kong market showed structural divergence in the morning session: some small- and mid-cap concept stocks and traditional energy stocks strengthened, while technology and optical communications sectors came under pressure. The afternoon trend will still depend on capital flows and external market changes, and investors should also be mindful of volatility risk when chasing hot concept stocks.
Source: GSM · USA (original Chinese edition)
Photo: 香港维多利亚港（资料图），取自 Wikimedia Commons。Photo: Victoria Harbour, Hong Kong (file photo), via Wikimedia Commons.
