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HK Close | Tech Shares Led Gains as HSI and HSTECH Rose. Alibaba, Tencent Up over 2%; XPeng Up 4%; Xiaomi Up 6%, Horizon Robot Up 8%; YOFC Up 11%

Tiger Newspress11-02 16:20

I. Market Overview

Hong Kong equities closed higher on Nov 2. The Hang Seng Index (HSI) rose 0.42% to 23,393.32, the HSCEI gained 0.56% to 7,906.11, while the HSCCI slipped 0.21% to 3,911.75. The Hang Seng Tech Index outperformed, advancing 2.25% to 3,839.41. Market turnover was HK$204.84 billion, indicating active trading across the session.

Among large-cap tech names, strength was led by XIAOMI-W, HORIZONROBOT-W, XPENG-W, and BILIBILI-W, while BYD ELECTRONIC was weaker. The broader market also saw a wide spread in sector moves, with several media, brokerage, hardware, and consumer-related sectors among the strongest performers.

II. Sector Performance

Large-cap Tech Stocks

The large-cap tech group closed firmer overall, with HSTECH up 2.25%; notable movers included XIAOMI-W +6.12%, HORIZONROBOT-W +8.05%, XPENG-W +4.33%, and BILIBILI-W +3.48%.

Top Performing Sectors

  • Publishing (+11.88%)

  • Human Resource & Employment Services (+5.70%)

  • Technology Hardware, Storage & Peripherals (+4.90%)

Bottom Performing Sectors

  • Specialized Consumer Services (-17.66%)

  • Transaction & Payment Processing Services (-7.19%)

  • Industrial Gases (-5.36%)

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

CHINA LIT

00772

24.68

15.54%

XD INC

02400

41.20

14.25%

JINHAI MED TECH

02225

4.08

13.19%

YOFC

06869

107.20

11.49%

HX BLDG MAT

06655

16.34

10.11%

CHINA STAR ENT

00326

8.14

10.00%

TIMES ELECTRIC

03898

28.10

9.51%

CICC

03908

18.48

8.90%

CSOP SK Hynix Daily Max (2x) Leveraged Product

07709

24.36

8.75%

GF SEC

01776

16.90

8.06%

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

FAMEGLOW

03774

28.50

-26.36%

DIAGENS-B

02526

141.00

-10.76%

AGTECH HOLDINGS

08279

1.26

-8.99%

ANHUIEXPRESSWAY

00995

15.49

-7.30%

EASY SMART GP

02442

60.35

-6.87%

CCTC

06951

72.20

-6.60%

LINGBAO GOLD

03330

14.34

-6.27%

BOC HONG KONG

02388

47.62

-5.70%

CHIFENG GOLD

06693

27.22

-5.68%

BOC HONG KONG-R

82388

40.38

-5.65%

V. Closing Summary

The main Hong Kong indices finished mixed but generally firmer on Nov 2. The HSI added 0.42%, the HSCEI rose 0.56%, and the HSTECH gained 2.25%, while the HSCCI edged down 0.21%. Turnover reached HK$204.84 billion, showing strong participation.

Large-cap technology was a key support for the market. XIAOMI-W rose 6.12%, HORIZONROBOT-W gained 8.05%, XPENG-W advanced 4.33%, BYD COMPANY climbed 3.22%, and BILIBILI-W added 3.48%. Within the broader tech basket, TENCENT, MEITUAN-W, JD HEALTH, and BABA-W all closed higher.

Other notable movers were also concentrated in growth-sensitive and financial names. On the gainers list, CHINA LIT, XD INC, JINHAI MED TECH, YOFC, and CICC ranked among the strongest stocks. On the losers list, FAMEGLOW posted the steepest decline, while BOC HONG KONG and CHIFENG GOLD were among the larger laggards.

Sector data showed strength in Publishing, Human Resource & Employment Services, and Technology Hardware, Storage & Peripherals, while Specialized Consumer Services, Transaction & Payment Processing Services, and Industrial Gases were the weakest groups. The media set reviewed for Nov 2 also highlighted company-specific updates, including Zoomlion's Hungarian factory production start and other corporate headlines.

Sources: Public market data, summarized media reports

Disclaimer: This content is for reference only and does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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