Capacity utilization rate of each product of Conch Materials Technology, source: prospectus

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Rina7RS
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Capacity utilization rate of each product of Conch Materials Technology, source: prospectus

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Hong Kong Stocks Midday Review: The three major indexes rebounded, semiconductor chip stocks strengthened, Tencent and Xiaomi stopped falling
26

-09
Glodon News January 9th丨After setting a new low yesterday, the russia telegram data three major Hong Kong stock indexes stopped falling and rebounded in the morning trading today. The Hang Seng Index and the National Enterprise Index rose by 0.09% and 0.13% respectively, and the Hang Seng Tech Index rose by 0.17%.

On the market , large technology stocks rose and fell mixedly. Xiaomi and Tencent, which had been falling continuously, led the rebound, rising 2.59% and 1.63% respectively. NetEase rose more than 2%, Meituan and JD fell more than 2%, and Baidu and Kuaishou fell; Biden plans to strengthen export controls on AI chips before leaving office, and domestic substitution has ushered in good news.

Semiconductor chip stocks have risen significantly, and the leading SMIC rose more than 6% during the session; sporting goods stocks rose, FILA brand sales performance exceeded expectations, and Anta led the way with a rise of more than 5%; biopharmaceutical stocks, rare earth concept stocks, aviation stocks, building materials and cement stocks, mobile game stocks, and steel stocks all rose. On the other hand, the restructuring of shipping alliances may trigger a price war among shipping companies.
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