The Hang Seng Index rose 3.36%, the Hang Seng Technology Index rose 3.81%, the State-owned Enterprises Index rose 3.62%; JD rose more than 8%, and Sunac China rose more than 13%.
The overnight carnival of Chinese assets continued. On Friday, Hong Kong stocks soared. The three major indices all rose more than 3% during the day, A-shares rose slightly, and the Shanghai Stock Exchange 50 Index rose more than 1%.
On Friday, the three major indices of Hong Kong stocks jumped to the market collectively and continued to rise strongly thereafter. As of press release, the Hang Seng Index rose 3.36%, the Hang Seng Technology Index rose 3.81%, and the State-owned Enterprises Index rose 3.62%.
Internet stocks, domestic housing stocks, and domestic insurance stocks collectively rushed higher. JD rose more than 8%, and Sunac China rose more than 13%.
A-shares opened higher and moved higher. As of press release, the Shanghai Index was up 0.57%, the Shenzhen Index was up 0.84%, and the GEM Index rose 0.71%. The Shanghai Stock Exchange 50 Index rose 1.44%.
Hong Kong stock technology, online stocks are generally higher
JD rose by more than 8%, NIO and Meituan by more than 6%, Station B and Baidu by more than 5%, Ali by more than 4%, and Tencent by 3.7%.
AH shares and real estate have collectively surged
Hong Kong stocks Sunac China rose more than 13%, Xuhui Holding Group rose more than 8%, and R&F Real Estate, Greentown China, and Country Garden rose more than 5%.
A-shares such as Jingneng Real Estate, Shangshi Development, Dalong Real Estate, the closure of New Huangpu, Beijing Investment Development, Guangming Real Estate, and Urban Construction Development have all risen.
According to news, the down payment ratio for the first home in Beijing and Shanghai has dropped to 30%, and the lower mortgage interest rate limits have all been lowered.
The majority of auto stocks rose
Hong Kong stocks NIO rose more than 6%, Xiaopeng rose 4%, Ideal Auto rose more than 3%, Geely rose 2.88%, and BYD and GAC followed suit.
A-share Celis rose more than 5%, while CIMC and BYD rose more than 1%.
Hong Kong domestic insurance stocks rallied higher
China Ping An rose more than 4%, while China Life Insurance, Xinhua Insurance, China Taiping, and China Taibao all rose more than 3%.
A-share skit concept stocks continue to rise
Insai Group rose and stopped by 20cm, and its stock price reached a record high. Zhongguang Tianzhe and Gravity Media blocked the market, and Haijian Co., Ltd., Tangde Film and Television, and Huace Film and Television registered the highest gains.
