Hong Kong stocks rebounded by more than 2%, with the Hang Seng Technology index closing up 3.59%. Technology and consumer goods led the gains, with MEITUAN-W rising nearly 8%.

Wallstreetcn
2023.06.15 09:37
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On the market, the technology, consumer goods, photovoltaic, and pharmaceutical sectors have the highest increase. SHENZHOU INTL leads the blue chips with a rise of over 11%, LI NING rises nearly 9%, and EVEREST MED-B surges over 50%.

On June 15th, the Hong Kong stock index rose in the afternoon, with the Hang Seng Index up 2.17%, the Hang Seng Technology Index up 3.59%, and the State-owned Enterprise Index up 2.98%.

On the market, the technology, consumer, industrial, and pharmaceutical sectors performed well, with SHENZHOU INTL leading the blue chips with a rise of more than 11%, LI NING up nearly 9%, and MEITUAN up nearly 8%. EVEREST MED-B surged more than 50%.

Technology stocks performed well, with BILIBILI-W up nearly 8%, MEITUAN up nearly 8%, and ALIBABA up 4.5%.

Auto stocks continue to rise

Auto stocks rose, with Li Auto up more than 4%, XPENG-W up more than 4%, BYD and POWER XINCHEN up more than 3.7%.

Clothing sector leads the gains

The clothing sector rose in the afternoon, with SHENZHOU INTL up more than 9%, LI NING up nearly 9%, and ANTA SPORTS up more than 7%.

Photovoltaic sector strengthens

Photovoltaic concept stocks strengthened, with FLAT GLASS, SOLARGIGA, and others up 14.08%, 8.57%, 6.62%, and 5.70%, respectively.