Hong Kong stock opening | Hang Seng Index opened 0.23% higher, energy and pharmaceutical stocks strengthened, Midea Group (00300) rose 3.90%

The Zhitong Finance App learned that on October 30, the Hang Seng Index opened 0.23% higher to 23011.29 points; the Hang Seng Technology Index fell 0.63% to 3720.49 points; the State-owned Enterprises Index rose 0.31% to 7779.51 points; and the Hang Seng Red Chip Index rose 0.23% to 3861.85 points.

Energy and pharmaceutical stocks strengthened. The Hang Seng Energy Index rose 0.69%, the biggest increase among the 12 Hang Seng Indices; the Hang Seng Healthcare Index rose 0.55%, the Hang Seng Essential Consumption Index rose 0.53%, and the Hang Seng Financial Index rose 0.49%. The top three constituent stocks of the Hang Seng Index rose by 3.92%, Midea Group (00300) rose 3.90%, Master Kong Holdings (00322) rose 3.41%; Hang Seng Technology Index constituent stocks rose 3.90%, Ctrip Group-S (09961) rose 1.87%, and Xiaomi Group-W (01810) rose 1.56%.

In terms of decline, the Hang Seng IT Index fell 0.77%, the Hang Seng Industrial Index fell 0.86%, and the Hang Seng Raw Materials Index fell 0.92%. Among the constituent stocks of the Hang Seng Index, Weichai Power (02338) fell 4.37% and Huahong Semiconductor (01347) fell 3.95%, the highest decline. Of the 94 constituent stocks of the Hang Seng Index that have already opened, 54 rose, 26 fell, and 14 were flat; of the 30 constituent stocks of the Hang Seng Technology Index, 11 rose, 15 fell, and 4 were flat.

Overnight, the three major US stock indices collectively closed down. The Dow Jones Industrial Average fell 0.25% to 52342.56 points, the S&P 500 index fell 0.30% to 7720.39 points, the Nasdaq Composite Index fell 1.38% to 26184.72 points; the Philadelphia Semiconductor Index fell 1.42%, ending four consecutive gains. On the previous trading day for Hong Kong stocks (October 29), the Hang Seng Index closed down 0.59% to 22958.65 points; the Hang Seng Technology Index fell 2.84% to 3744.14 points.