Hong Kong stock midday review: The three major indexes all rose by more than 2.5% during the session, technology stocks rose, and gold and oil fell significantly.
Gelonghui, April 22 | Hong Kong stocks performed strongly in morning trading, with all three major indexes rising by more than 2.5%. As of midday, the Hang Seng Index rose 1.74%, the China National Index rose 1.59%, and the Hang Seng Technology Index rose 1.95%, ushering in a strong rebound from last week's decline. On the market, large-scale technology stocks, which are market benchmarks, all rose. "DNF Mobile Game" was released, Tencent rose by about 5%, Meituan returned to the HK$100 mark, NetEase, JD.com, and Alibaba all rose; supply continued to release and superimpose Driven by AI, industry performance may gradually recover. Mobile game stocks are popular. Institutions say the peak season is worth looking forward to. Beer stocks generally rise; pork concept stocks, pharmaceutical stocks, Chinese real estate stocks and property management stocks are active. On the other hand, tensions in the Middle East have eased, and gold stocks and oil stocks, which are safe-haven assets, have retreated across the board; the automobile price war has continued to escalate, with automobile stocks and automobile dealer stocks falling significantly. New energy vehicles have fallen significantly, and heavy machinery stocks, Coal stocks and electric power stocks partly fell.