Hong Kong Stock Afternoon Review | Hang Seng Index rose 0.58% in early trading, Xiaomi Group led Hang Seng blue chip stocks

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 0.58% to 132 points to 23066 points; the Hang Seng Technology Index rose 0.86%. Hong Kong stocks traded HK$125.6 billion in early trading.

Xiaomi Group-W (01810) rose more than 5%, leading Hang Seng's blue-chip component. The Xiaomi Group bought back HK$105 million yesterday, making it the company with the largest repurchase amount yesterday.

The Ningde Era (03750) rebounded by more than 4%, and the BAIC Group will promote the integration of its multi-brand compatible models into the company's chocolate electricity exchange ecosystem.

Anta Sports (02020) rose 3.8%. Overall turnover remained steady in the third quarter, and the organization expects to still have a basis for achieving its goals for the whole year.

NetEase Cloud Music (09899) rose more than 7%, and the NetEase Cloud Music Cloud Music model won the Mirex championship in the top international competition.

MINIMAX-W (00100) increased by more than 4%. The open source M3.1 Flash model has a significant advantage in the cost of large motorcycle agent tasks.

China Oriental Education (00667) rose 4%. The “White Paper on Vocational Education in China” was released recently. The company is a leading domestic vocational education leader.

Quanfeng Holdings (02285) rose more than 4%, recruitment of new executives continued to advance, and AI infrastructure led to a boom in power tools.

Mao Geping (01318) rose 6%. The Double Eleven promotion continued to catalyze, and the company's GMV growth performance accelerated in September.

AI hardware stocks fell again. Meta's $825 billion spending promise ignited a credit panic, and the market reassessed the return on AI investment and financing pressure. Changfei Optical Fiber Cable (06869) fell 1.8%; Huahong Semiconductor (01347) fell 2.7%.