On July 11, Hong Kong stocks opened higher. The Hang Seng Index opened 1.04% higher, Hang Seng Technology opened 1.69% higher, and the State-owned Enterprises Index rose 1.21%. The three major indices remained high throughout the day. In the end, the Hang Seng Index closed up 0.97%, the State-owned Enterprises Index closed up 1.57%, and Hang Seng Technology closed up 1.47%
The market rose more and fell less throughout the day, closing up 858, flat 850, and falling 516. Southbound Capital had a net sale of HK$2,079 million.
On the market, auto parts, retail, precious metals, education, liquor, etc. strengthened, while pork, cement, photovoltaics, telecommunications, etc. weakened.
Most technology stocks closed higher, with NIO surging nearly 12%, Xiaopeng Motor rising nearly 9%, Ideal Auto rising more than 4%, and Xiaomi, Ali, Bilibili, and JD rising about 2%.
The explosion of the automobile industry chain
Today, automobile and auto parts concepts have collectively surged. Zhejiang Shibao closed higher at the end of the session by 36.36%, Nexteer closed 17.65%, and Xinchen Power, NIO, APOLLO Travel, and Yuanzheng Technology rose more than 10%.
According to the news, today the China Automobile Association announced the production and sales situation of the automobile industry in June. The data shows that, driven by promotion fee policies and other factors in many places, the car market continued to recover in June. The situation improved markedly in the second quarter, and the car market achieved high growth in the first half of the year.
Precious metals rebound
Zhaojin Mining rose more than 6%, Lingbao Gold rose 5.5%, and Shandong Gold, Zijin Mining, and China Gold International rose more than 3%.
Strengthening education
Electricity declined for a while in early trading, but turned red in the morning
China Electric Power increased by more than 5%, followed by China Resources Electric Power and Datang Power Generation.
PV weakening
Telecom's rear panel turns green
