Hong Kong Stock Market Midday Report: Hang Seng Index up by 0.83%, Hang Seng Tech Index unchanged.
Hong Kong stocks closed midday, with the Hang Seng Index up 0.83% and the Hang Seng Technology Index flat. The Hang Seng Mainland-Hong Kong Connect ETF rose 1.82%, while the Hang Seng Technology ETF Penghua rose 1.55%. In terms of sectors, the biotechnology and pharmaceutical sectors led the gains, while the energy equipment and services and gas sectors led the declines. In terms of individual stocks, Global Huashan Club rose 16.22%, Shanghai Electric rose 14.82%, Oriental Electric rose 14.26%, Lenovo Group rose 9.56%, and Sinopharm Tech-B rose 9.19%; Western Cement fell 23.76%, Sinopec Oilfield Services fell 8.89%, China Public Utilities fell 5.36%, Pacific Shipping fell 4.08%, and China Cosco Shipping fell 3.82%.
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