The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index fell 0.84% to 215 points to 25,549 points; the Hang Seng Technology Index fell 1.32%. Hong Kong stocks traded HK$107.8 billion in early trading.
Optical communication concept stocks rose again. The development of AIDC is driving demand for high-speed optical transceiver modules, and the agency expects a surge in shipments next year. Hongteng Precision (06088) rose 7.95%; Changfei Optical Fiber Cable (06869) rose 4.57%; Cambridge Technology (06166) rose 3.06%; and Huiju Technology (01729) rose 0.53%.
Zhuoyue Ruixin (02687) rose more than 16% the day after listing, 1.2 times higher than the offering price, and its total market value is close to HK$10 billion. According to public information, Zhuoyue Ruixin is a digital solution provider for teaching in higher education institutions.
Baiosetu-B (02315) rose more than 8% to a record high. It will soon land on the A-share science and technology innovation board, and the company Qianmu Wanfang will begin to cash out.
Zhaoyan New Drug (06127) has risen by more than 8%. The price of experimental monkey has recently skyrocketed. The agency says the gap between supply and demand may continue to expand.
Oil stocks collectively declined. Geographical events have weakened support for oil prices, and institutions are still optimistic about the long-term investment value of three barrels of oil. CNPC (00857) fell 3%; Sinopec (00386) fell 2.21%; and CNOOC (00883) fell 2.32%.
Non-ferrous stocks had the highest declines. The market is concerned about the subsequent interest rate policy path of central banks, and non-ferrous metals are under pressure across the board. Jiangxi Copper shares (00358) fell 5.96%; Luoyang Molybdenum (03993) fell 6.27%; and China Aluminum (02600) fell 5.34%.
Yinnuo Pharmaceutical-B (02591) fell by more than 14%, and the cumulative decline after “entry” reached 25%.
Haichang Ocean Park (02255) fell another 9%. The stock price hit a new low during the new year, and the controlling shareholder was caught up in a financial product payment crisis.