Market Performance - The Hong Kong stock market indices experienced a collective adjustment, with the Hang Seng Index down by 0.11% to 25,774.14 points, the Tech Index down by 0.69% to 5,488.89 points, and the National Enterprises Index down by 0.29% to 8,913.83 points [2] Sector Performance - Food stocks showed resilience, with notable gains from companies such as Master Kong Holdings (up 2.07%), Uni-President China (up 1.46%), and Crayon Shin-chan Foods (up 0.50%) [4][5] - The electric equipment and lithium battery sectors performed strongly, with Dongfang Electric rising by 8.17%, Harbin Electric by 5.04%, and China Electric by 1.02% [6][7] - The demand for gas turbine generators in the U.S. data center market is strong, which is positively impacting Dongfang Electric's sales prospects [8] - The lithium battery sector is expected to see a significant growth cycle, with a projected 75% increase in global shipments from Chinese manufacturers this year [9] Underperforming Sectors - The optical communication sector faced pressure, with stocks like Yangtze Optical Fibre and Cable falling by 5.13% and Huizhou Technology down by 4.34% [10][11] - Despite rising fiber prices indicating demand recovery, concerns about valuation risks have emerged due to high rolling P/E ratios and a mismatch between supply-demand expectations and actual business structures [11] - The tech sector saw declines, with Kuaishou down by 3.52% and Tencent Holdings down by 2.03%, influenced by negative sentiment following a content-related incident on Kuaishou's platform [12][13] Notable Stock Movements - Rongda Technology surged by 14.83% after announcing plans to acquire Shenzhen Yanke Digital for up to 65 million RMB [14] - Xinjiang Xin Mining rose by 2.81% amid expectations of reduced nickel ore production targets from Indonesia, which could impact market balance [15]
三大指数集体调整 锂电与消费股成避风港
Xin Lang Cai Jing·2025-12-23 08:39