Image Source: Wen Wei Po
Today (September 23), the Hong Kong Stock Exchange officially implemented its market operation arrangements for adverse weather conditions. This means that from now on, the market in Hong Kong will not close during typhoons and heavy rain, which is great news! The new trading arrangements will be adjusted based on the severity of the weather.
In terms of sector performance, nuclear power, domestic real estate stocks, the smartphone supply chain, and machinery stocks all showed very strong performance. For example, AAC Technologies and Zoomlion saw their shares rise over 4%, while TCL Electronics and ZTE also increased by more than 3%.
Additionally, China Aoyuan surged over 114% in early trading after welcoming the Middle Eastern investment firm Multi Gold Group Limited as a new shareholder, successfully entering its board.
Regarding cross-border ETFs, the Hang Seng Pharma ETF, Hong Kong Stock Connect Innovative Drug ETF, and Hang Seng Healthcare ETF all rose more than 1.7%. The Hong Kong Internet ETF, Hong Kong Tech ETF, and Hang Seng New Economy ETF also saw increases of over 1%.
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Will policies boost confidence and the A-share market live up to expectations?
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