STOCKS | Hong Kong Stocks Rise as Hang Seng Index Gains 0.34%

On May 14, the Hong Kong stock market saw midday gains, with the Hang Seng Index rising by 0.34% and the Hang Seng Tech Index increasing by 0.3%. According to Jin10, the half-day market turnover for the Hang Seng Index reached 181.231 billion Hong Kong dollars. In terms of sector performance, stocks related to robotics, lithium batteries, home appliances, and film and television showed significant gains. Conversely, sectors such as commercial aerospace, gold, military industry, and pharmaceutical outsourcing experienced declines. Among individual stocks, Li Auto Inc. (02015.HK) rose over 6%, Alibaba Group (09988.HK) increased by more than 5%, and Contemporary Amperex Technology Co. Ltd. (03750.HK) gained over 2%. On the downside, Zhaojin Mining Industry Co. Ltd. (01818.HK) fell by more than 11%, Xinjiang Goldwind Science & Technology Co. Ltd. (02208.HK) dropped over 6%, Asia Satellite Telecommunications Holdings Ltd. (01045.HK) decreased by nearly 6%, and WuXi AppTec Co. Ltd. (02359.HK) declined by more than 4%.