The Hang Seng Index rose 207 points in half a day to 25,170 points.
In addition to technology stocks that continued to stabilize the market today, Meituan (SEHK: 3690) and Tencent (SEHK: 700) maintained their upward trend, rising 3.05% and 2.57% respectively.
In addition, auto stocks and photovoltaic stocks saw the strongest gains. After consolidation, these two sectors have quietly resumed their upward trend recently, and today they have seen a strong rise.
Geely (SEHK: 175) and BYD (SEHK: 1211) rose 7.74% and 6.62%, respectively. China Long Automobile (SEHK: 2333) rose 7.12%.
Xinyi Solar (SEHK:968) and Xinyi Glass (SEHK:868) rose 6.16% and 7.28% respectively.
New energy and environmental protection themes are again funded.
The National Development and Reform Commission stated that it will make every effort to increase coal production and supply. Coal stocks are under pressure today, but China Coal (SEHK: 1898) saw the largest decline of 9.7%. Yanzhou Coal (SEHK:1171) and Shenhua (SEHK:1088) fell 2.88% and 1.64%.
China Coal issued an announcement that the profit attributable to shareholders of the company for the nine months ending September 30, 2021 is expected to be between RMB 12.53 billion and RMB 13.850 billion, a year-on-year increase of 189.8% to 220.3%.
As for the more macro theme, the Fed and global closings supported the performance of international financial stocks, and gold and non-ferrous metal stocks also rose.
It has been a period of time to speculate on the topic of reaping water, and HSBC (SEHK:5) rose another 1.78%.
Zijin (SEHK: 2899) rose 7.41%.
Chow Tai Fook (SEHK:1929) surged 8.39%. The company announced that for the three months ended September 30, 2021, retail value increased by 55.8% year-on-year. The same-store sales growth in the Mainland during the quarter was 23%. Hong Kong and Macau operations achieved a strong growth of 57.7% in same-store sales.
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