Futu News reported on February 5 that the three major Hong Kong stock indices all declined. $Hang Seng Index (800000.HK)$ The decline was 1.27%, $Hang Seng TECH Index (800700.HK)$ declined by 1.16%, $Hang Seng China Enterprises Index (800100.HK)$ and 0.97%.
By midday close, 584 stocks in Hong Kong rose, 1,386 fell, and 1,186 remained unchanged.
In terms of sectors, technology and internet stocks performed poorly, with Kuaishou-W down 3.21%, Tencent down 2.87%, Alibaba-W down 2.45%, NetEase-S down 1.62%, JD.com-SW down 0.74%, and Meituan-W down 0.43%.
Non-ferrous metal stocks dropped significantly, with Tianqi Lithium Industries falling 12.77%, Minmetals Resources dropping 9.15%, Jiangxi Copper declining 8.28%, Luoyang Molybdenum sliding 8.10%, Ganfeng Lithium losing 7.77%, Aluminum Corporation of China retreating 6.33%, Zijin Mining falling 6.24%, Zijin Gold International slipping 5.94%, and China Hongqiao shedding 4.80%.
Gold stocks also saw declines, with China Silver Group falling 7.46%, China Gold International dropping 6.70%, Zijin Mining losing 6.24%, Zijin Gold International sliding 5.94%, Chifeng Gold declining 5.78%, Shandong Gold falling 5.31%, Lingbao Gold retreating 4.63%, and Zhaojin Mining dropping 4.02%.
Catering stocks performed well, with Yum China rising 9.33%, Dazhong Shares climbing 3.04%, Haidilao increasing 2.87%, Meet Fresh Noodles gaining 1.95%, Special Sea International growing 1.73%, Jiumaojiu ascending 0.47%, and Café de Coral Group rising 0.43%.
New consumption concept stocks were active, with Miniso jumping 5.25%, Giant Biogene climbing 4.36%, Weilong Delicious Foods rising 3.37%, Mao Geping gaining 3.37%, Guming advancing 2.6%, Mixue Group growing 2.18%.
Semiconductor stocks weakened, with Huahong Semiconductor falling 5.76%, Gigadevice dropping 5.06%, Shanghai Fudan declining 3.68%, SMIC losing 3.42%, Tianshu Zhixin retreating 2.94%, Innoscience falling 1.81%, Novosense dropping 1.73%, and OmniVision Technologies sliding 0.29%.
Apple-related stocks weakened, with Foxconn Group falling 7.51%, GoerTek dropping 5.89%, Lens Technology declining 5.44%, FIT HON TENG down 4.10%, Q Tech decreasing 2.01%, Sunny Optical falling 1.68%, AAC Technologies dropping 1.00%, and BYD Electronics slipping 0.06%.
In terms of individual stocks,$INNOVENT BIO (01801.HK)$The stock fell nearly 4% as the company made a one-time provision for channel inventory. Analysts stated that fourth-quarter performance still met expectations.
$CTG DUTY-FREE (01880.HK)$Shares rose nearly 2% as the Hainan duty-free market achieved a ‘strong start.’ The consolidation of DFS assets is expected to directly contribute to profit margins.
$SMOORE INTL (06969.HK)$Shares surged nearly 5%. The removal of tax rebates is expected to accelerate industry consolidation, benefiting leading compliant companies.
$HAITIAN FLAV (03288.HK)$Shares jumped over 5% ahead of the issuance of a special dividend tomorrow. Analysts noted that the A/H share discount could narrow.
$ZTO EXPRESS-W (02057.HK)$Shares climbed over 2% as parcel volume in 2025 is projected to grow by 13.3% year-on-year. The company plans to issue $1.5 billion in bonds at a premium of approximately 37.5%.
$GIANT BIOGENE (02367.HK)$Shares surged over 4% after receiving approval for the world’s first injectable recombinant collagen and sodium hyaluronate compound solution.
$UNITED LAB (03933.HK)$Shares rose over 4% after its self-developed Class 1 innovative drug UBT251 injection received tacit clinical trial approval for OSA indications.
$MNSO (09896.HK)$Shares surged over 5% as the company partnered with CCTV’s Spring Festival Gala for the first time, marking a pivotal advancement in its ‘interest-driven consumption’ strategy.
$DRINDA (02865.HK)$Shares retraced over 10% as industry associations highlighted that space-based solar power technology remains in its early exploratory stages.
Top 10 in half-day trading volume
Editor/KOKO
