On November 13, 2024, the Hong Kong stock market closed mixed. The Hang Seng Index (HSI) fell by 0.12%, the Hang Seng China Enterprises Index (HSCEI) rose by 0.05%, the Hang Seng Tech Index (HSTECH) fell by 0.03%, and the Hang Seng China-Affiliated Corporations Index (HSCCI) rose by 0.10%.
In terms of sectors, the Hong Kong SaaS concept stocks saw a significant increase, with an overall rise of 2.90%. Key performers included Kingdee International up 3.88% and Weimob Inc up 1.23%. The military sector also performed well, rising by 1.50%, with COMEC up 5.75%. The shipping sector rose by 1.41%, with COSCO Shipping Holdings up 1.39%. The insurance sector saw a rise of 1.16%, with Ping An up 1.20% and China Life up 1.28%. However, the biotech sector experienced a significant decline, falling by 3.21%, with Genscript Biotech remaining flat.
Xiaomi-W rose by 1.58%. The company plans to launch a new generation of AI glasses, expected to be released in Q2 2025. The product will feature AI functions, audio headset modules, and camera modules, and will be marketed under the Xiaomi brand.
JD-SW fell by 1.60%. During the 2024 Double 11 shopping festival, the total sales of comprehensive e-commerce platforms and live-streaming e-commerce platforms reached 1.4418 trillion yuan, a year-on-year increase of 26.6%. JD.com ranked second among comprehensive e-commerce platforms.
China Unicom rose by 3.50%. The stock saw a significant increase in the Hong Kong market, with a rise of over 5%.
CITIC Securities rose by 0.42%. Yuexiu Capital plans to sell no more than 1% of CITIC Securities' total share capital through the secondary market, potentially cashing out over 5 billion yuan. This move is expected to bring good investment returns and help optimize the company's asset structure.
Li Auto-W fell by 1.94%. The company announced that its L6 model has delivered over 150,000 units in the seven months since its launch.
Evergrande Vehicle fell by 3.70%. The company's $30 million equity was frozen from November 11, 2024, to November 10, 2027.