Ge Long Hui·2026-01-02 08:57Market Overview - The Hong Kong stock market experienced a significant rally on January 2, with the Hang Seng Index rising by 2.76% to close at 26,338.47 points, the Hang Seng China Enterprises Index increasing by 2.86%, and the Hang Seng Tech Index surging by 4% [1] Sector Performance - Major technology stocks saw collective gains, with Baidu rising by 9.35%, Tencent and Alibaba increasing by over 4%, and Kuaishou and JD.com gaining over 3% [3][5] - Semiconductor stocks also performed well, with Hua Hong Semiconductor up by 9.4% and SMIC increasing by over 5% [3][10] - Wind power equipment stocks surged, with Goldwind Technology rising nearly 21% [3] - The gaming sector saw broad increases, with NetEase, Zhongyou Game, and Qingci Game all rising over 6% [3][14] - Some sectors, including film, lottery, and dairy products, showed weakness [3] Notable Stocks - Hua Hong Semiconductor's stock price reached 81.30 HKD, up by 9.42% [6][11] - Baidu's stock price closed at 143.80 HKD, up by 9.35% [6][16] - Goldwind Technology's stock price increased to 16.22 HKD, up by 20.95% [9] - The stock of the newly listed company, Birun Technology, surged by 75.8% on its debut, reaching a market capitalization of nearly 81.3 billion HKD [10] Industry Developments - The aerospace and defense sector saw gains, with Dalu Aerospace Technology Holdings rising over 13% [8] - The electric power equipment sector experienced widespread increases, with several companies, including Shanghai Electric and Harbin Electric, also showing positive performance [9] - The tourism and travel sector was active, with Hong Kong Travel and Ctrip Group both rising over 5% [12][13] - The gaming sector remained vibrant, with multiple companies, including Feiyu Technology and NetEase, showing significant gains [14] Future Outlook - According to industry analysts, the Hong Kong stock market is expected to continue its bullish trend in 2026, with a focus on growth and value reconstruction [20] - The net profit growth rate for Hong Kong Stock Connect constituent stocks is projected to reach 7.3% year-on-year, with sectors like information technology, discretionary consumption, and healthcare leading the growth [20]