GO
| HSI1 | 24,533.40 | -263.58 | 52.98B |
| HSCEI1 | 8,292.90 | -76.18 | 16.37B |
| Back Zoom + Zoom - Block Traded | |
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2026-11-05 12:42:31 The Democratic Party won the US midterm elections and took control of both chambers of Congress. The market foresaw US President Donald Trump's fiscal policies to face greater constraints, driving US Treasury yields lower. The DJIA skyrocketed as much as 1,705 points overnight (4th), while the Nasdaq once elevated 2.67%. The HSI closed the half-day at 24,659, up 739 points or 3.09%, with main board turnover surging to HKD198.383 billion. The HSCEI settled at 8,302, up 245 points or 3.04%. The HSTECH ended at 4,124, up 188 points or 4.79%. After a prolonged rally in AI concept stocks, funds are rotating into value and consumer stocks, bringing renewed favor toward Chinese internet giants. The ATM trio, which have extensive consumer businesses and relatively low valuations, were crowdedly traded. MEITUAN-W (03690.HK) closed up 8.05% at half-day, BABA-W (09988.HK) rallied 7.46%, and TENCENT (00700.HK) mounted 5.53%. NTES (09999.HK) and XIAOMI-W (01810.HK) soared more than 7%; JD-SW (09618.HK) surged 5.45%; BIDU-W (09888.HK) and KUAISHOU-W (01024.HK) each spiked more than 4%. The market was concerned that AI regulation may tighten after the Democrats gained control of Congress, exerting pressure on AI hardware stocks. HUA HONG GRACE (01347.HK) fell off 2.18%; SMIC (00981.HK) rose 1.59%; KB LAMINATES (01888.HK) plunged 10.18%; KINGBOARD HLDG (00148.HK) crumbled 6.7%; YOFC (06869.HK) slid 9.11%; and ZJ INNOLIGHT (03308.HK) tumbled 7.72%. AI large model stocks showed mixed performance, with Z.AI (02513.HK) down 1.86% and MINIMAX-W (00100.HK) up 2.33%. Among blue chips, LENOVO GROUP (00992.HK) slipped 7.58%; SBP GROUP (01177.HK) leaped 7.09%; HSBC HOLDINGS (00005.HK) added 4.05%; TRIP.COM-S (09961.HK) ascended 7.31%; and JD HEALTH (06618.HK) escalated 6.34%. ~ AASTOCKS Financial News Website: www.aastocks.com | |