Hong Kong Stocks Open Higher. XPeng Rises 5%, Trip.com, Nio Jump over 4%

Market Watcher11-19

Hong Kong stock market opened higher Tuesday. The Hang Seng Index (HSI) rose by 0.72%, the Hang Seng China Enterprises Index (HSCEI) increased by 0.74%, the Hang Seng Tech Index (HSTECH) climbed by 1.31%, and the Hang Seng China-Affiliated Corporations Index (HSCCI) went up by 0.68%.

In terms of industry sectors, the property management sector saw significant gains. The Hong Kong property management stocks rose by 5.44%, with notable performers including CG SERVICES up 9.94%, SUNAC SERVICES up 2.76%, and A-LIVING up 3.62%. The internet healthcare sector also showed positive movement, with JD HEALTH rising by 1.43% and ALI HEALTH increasing by 1.58%. The semiconductor sector saw gains as well, with SMIC up 1.32%.

TRIP.COM-S shares gained 4.5%. Trip.com Group reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $0.91 by 37.36 percent. This is a 25 percent increase over earnings of $1.00 per share from the same period last year.

NIO-SW increased by 4%. NIO Inc is expected to report a loss of CNY 2.16 per share in its upcoming earnings release on November 20, but is anticipated to show a rise in quarterly revenue for the period ending September 30, 2024.

TENCENT rose by 0.59%. Tencent Holdings repurchased 1.73 million shares on November 18, costing approximately HKD 703 million, with the repurchase price ranging from HKD 401.8 to HKD 412.8 per share.

BILIBILI-W rose by 2.34%. Barclays raised the price target for Bilibili shares from USD 19.00 to USD 24.00 per share and maintained an overweight rating, indicating a positive outlook for the stock.

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The Hang Seng Index (HSI) rose by 0.72%, the Hang Seng China Enterprises Index (HSCEI) increased by 0.74%, the Hang Seng Tech Index (HSTECH) climbed by 1.31%, and the Hang Seng China-Affiliated Corporations Index (HSCCI) went up by 0.68%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/92057907dcb71354967c290be1bbe51b\" title=\"\" tg-width=\"934\" tg-height=\"151\"/></p><p><br/>In terms of industry sectors, the property management sector saw significant gains. The Hong Kong property management stocks rose by 5.44%, with notable performers including <a href=\"https://laohu8.com/S/06098\">CG SERVICES</a> up 9.94%, <a href=\"https://laohu8.com/S/01516\">SUNAC SERVICES</a> up 2.76%, and <a href=\"https://laohu8.com/S/03319\">A-LIVING</a> up 3.62%. The internet healthcare sector also showed positive movement, with <a href=\"https://laohu8.com/S/06618\">JD HEALTH</a> rising by 1.43% and <a href=\"https://laohu8.com/S/00241\">ALI HEALTH</a> increasing by 1.58%. The semiconductor sector saw gains as well, with <a href=\"https://laohu8.com/S/00981\">SMIC</a> up 1.32%.</p><p><a href=\"https://laohu8.com/S/09961\">TRIP.COM-S</a> shares gained 4.5%. Trip.com Group reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $0.91 by 37.36 percent. This is a 25 percent increase over earnings of $1.00 per share from the same period last year.</p><p><a href=\"https://laohu8.com/S/09866\">NIO-SW</a> increased by 4%. NIO Inc is expected to report a loss of CNY 2.16 per share in its upcoming earnings release on November 20, but is anticipated to show a rise in quarterly revenue for the period ending September 30, 2024.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/be6fa9bf4301662cc842db7b9e067f68\" title=\"\" tg-width=\"484\" tg-height=\"379\"/></p><p><br/><a href=\"https://laohu8.com/S/00700\">TENCENT</a> rose by 0.59%. Tencent Holdings repurchased 1.73 million shares on November 18, costing approximately HKD 703 million, with the repurchase price ranging from HKD 401.8 to HKD 412.8 per share.</p><p><a href=\"https://laohu8.com/S/09626\">BILIBILI-W</a> rose by 2.34%. 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XPeng Rises 5%, Trip.com, Nio Jump over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-19 09:40 北京时间&nbsp;&nbsp;&nbsp;<strong>Market Watcher</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong stock market opened higher Tuesday. The Hang Seng Index (HSI) rose by 0.72%, the Hang Seng China Enterprises Index (HSCEI) increased by 0.74%, the Hang Seng Tech Index (HSTECH) climbed by ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09866","symbol_name":"蔚来-SW","start_time":0,"source_url":"","article_id":"1141582173","we_media_id":"1027265475","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141582173","pubTimestamp":1731980410,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Watcher","introduction":"stay tuned on realtime market movements","home_visible":1,"id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"summary":"Hong Kong stock market opened higher Tuesday. 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