Market Overview - The Hong Kong stock market experienced fluctuations today, with all three major indices closing higher. The Hang Seng Index rose by 0.32% to 26,231.79 points, with a total trading volume of HKD 245.13 billion. The Hang Seng China Enterprises Index increased by 0.1% to 9,048.53 points, while the Hang Seng Tech Index gained 0.15% to 5,687.14 points. For the week, the Hang Seng Index fell by 0.41%, the China Enterprises Index dropped by 1.31%, and the Tech Index decreased by 0.86% [1] Blue Chip Performance - Cheung Kong Holdings (00001) was active, rising by 3.72% to HKD 57.15, contributing 8.75 points to the Hang Seng Index. Reports indicate that Cheung Kong has selected Goldman Sachs and UBS to advance the IPO of its Watsons Group, with discussions ongoing regarding a dual listing in Hong Kong and London [2] - Other notable blue chips included Alibaba Health (00241), which rose by 4.72% to HKD 5.77, contributing 2.71 points, and Shenzhou International (02313), which increased by 4.39% to HKD 64.2, contributing 3.56 points. Conversely, Xinyi Solar (00968) fell by 3.72% to HKD 3.11, detracting 0.87 points from the index [2] Sector Highlights - The technology sector saw most stocks in the green, with Kuaishou rising by 3.89% and Alibaba increasing by 2.73%. AI-related stocks surged following the listing of MiniMax, with iFlytek Medical soaring over 20% and Huya Technology rising over 13%. Gold mining companies also reported positive earnings forecasts, leading to a rise in gold stocks [3] - AI concept stocks performed strongly, with Zhipu (02513) up by 20.61% to HKD 158.6, iFlytek Medical Technology (02506) up by 20.58% to HKD 97.55, and Huya Technology (01860) up by 13.21% to HKD 17.48 [3][4] Gold Sector - Gold stocks generally rose, with Shandong Gold (600547) increasing by 6.12% to HKD 39.9, Zhaojin Mining (01818) up by 4.1% to HKD 35.58, and Lingbao Gold (03330) up by 3.07% to HKD 19.5. The recent geopolitical risks and expectations of interest rate cuts are supporting gold prices, with Morgan Stanley predicting gold prices could reach USD 4,800 per ounce by Q4 2026 [5][6] Commercial Aerospace - The commercial aerospace sector remained active, with Asia Pacific Satellite (01045) rising by 3.96% to HKD 4.46 and CIMC Enric (03899) up by 3.9% to HKD 10.65. The Guangzhou government has announced plans to accelerate the development of the commercial aerospace industry, which is expected to boost related companies' performance and valuations [6] Regulatory Developments - The market regulatory authority in Beijing has held discussions with major players in the photovoltaic industry, including Tongwei Co. and GCL-Poly Energy, regarding monopoly risks and required corrective actions. Companies are expected to submit written rectification measures by January 20 [7]
港股收盘 | 恒指收涨0.32% MiniMax上市首日翻倍 AI应用方向多数走强