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Hong Kong Stock Afternoon Review|The Hang Seng Index fell 0.05% in early trading, and tobacco concept stocks rose against the market
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The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index fell 0.05% to 11 points to 25,796 points; the Hang Seng Technology Index fell 1.14%. Hong Kong stocks traded HK$162.1 billion at noon.

New Oriental-S (09901) rose more than 16%, and net profit for the fourth fiscal quarter increased 7.76 times year-on-year. Revenue for the 2027 fiscal year is expected to increase by up to 18%.

Tobacco concept stocks rose against the market. The national standard for heated cigarettes solicited comments, and the domestic market for HNB products can be expected to open up. China Tobacco Hong Kong (06055) rose more than 7%; Huabao International (00336) rose 6%; and Smore International (06969) rose 5%.

Cyrus (09927) rose more than 8%, began delivery of the M6 Pure Electric Max+, and the company is forward-looking to lay out the robotics business.

Fosun International (00656) rose more than 7%, and the core industry showed strong resilience. The highest net profit returned to mother in the first half of the year was up 172% year-on-year.

Chinasoft International (00354) rose more than 3%. According to reports, Kimi, the dark side of the month, completed Series F financing of 3.5 billion US dollars.

Conet Optics (02276) rose more than 3%, the company's customer structure was further diversified, and subsequent production capacity reserves were sufficient.

Budweiser Asia Pacific (01876) rose more than 8% after the results. Profit attributable to medium-term equity holders increased 15.6% year-on-year, exceeding expectations, and the company increased its market share in Korea.

The mobile phone industry chain recorded the highest decline. Qualcomm raised the price of mobile phone chips in September, and the increase may reach double digits. Fuzhikang Group (02038) fell 9%; Gaowei Electronics (01415) fell 5%; Lansi Technology (06613) fell 6%.

Changfei Optical Fiber Cable (06869) will drop another 8%. The optical fiber industry will expand production or break supply bottlenecks, and market competition will intensify.

The new stock Zhongji Xuchuang (03308) was listed for the first time, falling more than 7% in midday trading, ranking first in the global optical interconnection solutions market revenue for five consecutive years.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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