Hong Kong Stocks Closed Mixed, BRETON Surged Over 38%, YUNFENG FIN Rose 12.29%

Market Watcher
2025/05/07

On May 7, 2025, the Hong Kong stock market closed with mixed performance. The Hang Seng Index (HSI) rose by 0.13%, the Hang Seng Tech Index (HSTECH) dropped by 0.75%.

BRETON made a remarkable debut, surging over 38% on its first trading day. The company, an electric construction machinery provider, attracted strong investor interest with nearly 200 times oversubscription in its public offering and a 2% allotment rate per lot. YUNFENG FIN rose by 12.29%, reflecting strong investor sentiment. Li Auto rose 2%.

Pop Mart fell 5%; Xiaomi and Alibaba fell 2%; SMIC and Tencent down 1%.

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