Futu Information May 17dragonsofthenorthmegaways, the main index of Hong Kong stocks surged higher in early trading and fell back. As of press time, the Hang Seng Index fell 0.0%dragonsofthenorthmegaways.05%, the national index rose 0dragonsofthenorthmegaways.05%, and the index rose 0.46%.
In terms of sectors, some domestic real estate stocks pulled back, with Greentown China and Yuexiu Property falling more than 3%, and China Resources Land and China Overseas Development falling more than 2%.
Aviation stocks rose more and fell less. Shares of Beijing Capital Airport and China Eastern Airlines rose nearly 3%, and Air China rose nearly 2%.
Some mobile game stocks rose, with Beilai up nearly 5%, Netease up more than 3%, and China Mobile Games up more than 2%.
Chinese-funded brokerage stocks rose as a whole. China Galaxy, CITIC Securities, and CITIC Construction Investment Securities rose nearly 2%, while Everbright Securities (Rights Protection), Shenwan Hongyuan, etc. rose more than 1%.
Photovoltaic solar stocks performed weakly, with Xinyi Solar falling more than 8%, Follette Glass falling nearly 8%, and Kamdank Solar falling more than 5%.
In terms of individual stocks,$Alibaba-SW (09988.HK)$rose more than 6%, and Citron said that Alibaba's share price is expected to rise above US$100.
$Baidu Group-SW (09888.HK)$rose more than 2%, Q1 revenue was 31.5 billion yuan, a slight increase of 1%, and is expected to be 31.43 billion yuandragonsofthenorthmegaways; The adjusted net profit was 7.011 billion yuan, a year-on-year increase of 22%.
$Ideal Automobiles-W (02015.HK)$fell more than 3%. Recently, media reported that Ideal is conducting a new round of company-wide personnel optimization, with the overall optimization ratio exceeding 18%.
$Jingdong Logistics (02618.HK)$rose more than 3%. Its revenue in the first quarter was 42.137 billion yuan, a year-on-year increase of 14.7%; its profit was approximately 322 million yuan, turning a loss into a profit year-on-year.
$Evergrande Automobile (00708.HK)$was suspended during the session. Before the suspension, it rose more than 53%, and once rose nearly 70% during the session.
Editor/Jeffy