Market Overview - The Hong Kong stock market showed a mixed performance with the Hang Seng Index closing at 25,935.41 points, down 0.07% or 16.99 points, and a total trading volume of HKD 238.83 billion [1] - The Hang Seng China Enterprises Index fell by 0.11% to 9,163.24 points, while the Hang Seng Tech Index decreased by 0.56% to 5,785.85 points [1] - According to Founder Securities, the upward trend in the Hong Kong stock market is not over, with a resilient economic backdrop and continuous policy support boosting market confidence [1] Blue-Chip Stocks Performance - Tingyi (Cayman Islands) Holding Corp (00322) led blue-chip stocks, rising 4.31% to HKD 11.86, contributing 1.57 points to the Hang Seng Index [2] - Other notable blue-chip performers included Zijin Mining (02899) up 2.4% and Xinyi Glass (00868) up 2.29%, while New Oriental Education (09901) and Orient Overseas International (00316) faced declines [2] Sector Performance Technology Sector - The technology sector experienced a downturn, with Alibaba falling 0.31% while Meituan rose over 1% [3] - Concerns over high valuations in AI stocks led to a sell-off, with major players like Nvidia and Palantir facing significant short positions [5] Lithium Battery Sector - Lithium battery stocks saw gains, with companies like Contemporary Amperex Technology Co. (03931) rising 7.81% and Tianqi Lithium (09696) up 4.68% [3] - The price of lithium hexafluorophosphate reached a high of CNY 117,000 per ton, nearly doubling since early October, indicating a potential price rebound in the lithium battery materials market [3] Consumer Sector - The consumer sector showed strong performance, with airlines like China Eastern Airlines (00670) and China National Aviation Holding (00753) seeing significant gains [4] - The announcement of an extended Spring Festival holiday in 2026 is expected to boost consumer spending and travel [4] Cryptocurrency Market - The cryptocurrency sector continued to decline, with notable drops in stocks like Guotai Junan International (01788) down 5% and OSL Group (00863) down 4.07% [6] - Bitcoin prices fell below USD 100,000 for the first time since June, contributing to a broader risk-off sentiment in the market [6] Notable Stock Movements - Harbin Electric (01133) surged 10.01% following a UBS report predicting significant growth in China's electricity demand [7] - Yujiang Robotics (02432) rose 4.99% after announcing a strategic partnership with Lens Technology [8] - Minglue Technology (02718) saw a dramatic decline of 21.59% after an initial surge post-IPO, losing over HKD 10 billion in market value within two days [9][10] - HOME CONTROL (01747) faced a 9.09% drop amid scrutiny from the Hong Kong Securities and Futures Commission regarding its shareholding structure [11]
港股收盘 | 恒指收跌0.07% AI概念股普遍承压 锂电股午后走高
Zhi Tong Cai Jing·2025-11-05 08:59