Hong Kong Stock Afternoon Review|Hang Seng Index fell 2.09% in early trading, Ali allotments led the decline in blue chips

The Zhitong Finance App learned that the Hong Kong Stock Hang Seng Index fell 2.09% to 544 points to 25,465 points; the Hang Seng Technology Index fell 3.84%. Hong Kong stocks traded HK$167.9 billion in early trading.

Due to the double suppression of Alibaba's stock allotment news and famous investor Bury's clearance, most of the Technology Network shares declined. Alibaba-W (09988) fell more than 9%, leading the blue chip decline.

Lithium stocks reversed the market. Lithium carbonate surged nearly 4% in the market, and the downstream recovery market is concerned about the resumption of production in Jiaxiawo. Ganfeng Lithium (01772) rose 5%; Tianqi Lithium (09696) rose 1%.

Quzhi Group (00917) rose more than 26%, the revenue from the AI interactive marketing business doubled year-on-year, and gross margin exceeded 93%.

Deshi-B (02526) rose more than 33% and continued to reach new highs. At the same time, it was included in the Hang Seng Composite Index and Hang Seng Biotech Index.

Ruibo Bio-B (06938) rose more than 8% and is expected to be included in the Hang Seng Composite Index. Earnings in the first half of the year increased by up to 3.2 times.

Xinjiang Xinxin Mining (03833) rose 4.5%. Net profit to mother surged 2.48 times year-on-year in the first half of the year, benefiting from higher sales prices of electrolytic nickel and cathode copper.

Haiqing Zhiyuan (01392) rose more than 14%, and the company was included in the Hang Seng Composite Index, which is expected to become the Hong Kong Stock Exchange Standard in the future.

China Tobacco Hong Kong (06055) rose 5.9%. Performance in the first half of the year was under pressure, and gross margin of cigarette exports increased sharply.

Zhejiang Shibao (01057) rose more than 6%, net profit increased 11.48% year-on-year in the first half of the year, and the field of intelligent driving ushered in catalysis.

Pearl Pharmaceuticals (01513) plummeted by more than 14%, and the performance of chemical preparations and traditional Chinese medicine formulations declined sharply in the first half of the year.

Daikin Heavy Industries (01081) fell by more than 11% after the results, and net profit to mother fell by more than 40% year on year in the second quarter, delivery delays and exchange delays.