Hong Kong Stock Afternoon Review|Hang Seng Index fell 0.63% in early trading, CRO concept continues to rise

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index fell 0.63% to 163 points to 25,773 points; the Hang Seng Technology Index fell 1.27%. Hong Kong stocks traded HK$115.8 billion in early trading.

CRO concept stocks continued to rise. Yao Ming Kangde's administration of justice has made progress, which will help CXO to obtain new orders overseas. Kanglong Chemical (03759) rose 9.61%; Kingsley Biotech (01548) rose 8.44%; Gloria Ying (06821) rose 6%.

Zaiding Pharmaceuticals (09688) rose more than 5%, and Q2 product revenue increased 11% month-on-month. Citi is optimistic that the Chinese business will stabilize in the second half of the year.

Yiming Onko-B (01541) rose by more than 13%. For the first time, Yiming Kale introduced external commercial capital to accelerate the layout of non-oncology pipelines.

Maiwei Bio-B (02493) rose by more than 11%, and the two desulumab injections passed the GMP on-site inspection by the Brazilian Drug Regulatory Agency.

Tianyue Advanced (02631) rose more than 4%, and Tianyue Advanced is leading the silicon carbide industry into the 12-inch era.

Tsugami Machine Tool China (01651) rose by more than 5%, and the two major fields of electronics and AI liquid cooling accounted for about 40% of new orders.

Sanhuan Group (06951) rose more than 9%, MLCC set off a wave of price tracking and material grabbing, and the industrial chain is expected to continue to benefit.

My Little Pony Zhixing-W (02026) rose more than 7%, and the company's fourth-generation Robotruck has officially been mass-produced from the Sany heavy truck production line.

Gold stocks are generally under pressure. Higher oil prices have heightened concerns about rising inflation, and the hawks in the Federal Reserve have sent a tough signal. China Gold International (02099) fell 2.5%; Zijin Mining (02899) fell 3.5%.

Global New Materials International (06616) fell by more than 2.7%. It is estimated that profit and loss will be up to 100 million yuan in the first half of the year, dragging down the amortization of acquired assets and expenses.