Core Viewpoint - The market sentiment has improved significantly due to easing geopolitical tensions and expectations of interest rate cuts by the Federal Reserve [1] Group 1: Market Performance - The Hong Kong stock market indices continued their rebound, with the Hang Seng Index rising by 0.69%, briefly surpassing 26,000 points [1] - The Hang Seng China Enterprises Index and the Hang Seng Tech Index increased by 0.87% and 1.2%, respectively, with the tech index peaking at a 2.2% gain during the session [1] Group 2: Sector Performance - Large technology stocks contributed to the market's strength, with Baidu and Xiaomi both rising over 4.3%, while Alibaba, JD.com, and Meituan also saw gains [1] - Major financial stocks, including China Life, China Pacific Insurance, Agricultural Bank of China, Bank of China, and CITIC Securities, experienced widespread increases [1] - The rising expectations for Federal Reserve interest rate cuts led to active trading in gold stocks and non-ferrous metal stocks such as copper and aluminum [1] - Other sectors showing collective activity included Apple-related stocks, entertainment, steel, building materials, and automotive industries [1] Group 3: Underperforming Sectors - The airline sector faced pressure, with a 56% increase in flight cancellations between China and Japan compared to the same month last year, leading to a nearly 6% drop in China Eastern Airlines, which fell below HKD 100 billion in market capitalization [1] - Defense stocks, which had surged the previous day, cooled off, while dairy, telecommunications, and home appliance stocks mostly remained sluggish [1]
港股收评:恒指涨0.69%,恒科指一度冲高至2.2%,科技金融普涨,军工股熄火
Sou Hu Cai Jing·2025-11-25 08:34