The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 1.21% to 290 points to 24,353 points; the Hang Seng Technology Index rose 2.09%. Hong Kong stocks traded HK$92.8 billion in early trading.
The ESMO conference is about to be held, and the Hang Seng Innovative Drugs Index surged 4.46%. Among the constituent stocks, Yingen Biotech B (09606) rose more than 16%; Conoa-B (02162) rose more than 8%; Genting Xinyao (01952) rose more than 8%; and Tianchen Biotech (01779) rose more than 36%.
McPharmaceutical-B (02335) soared more than 86%, adopted an H share incentive plan and sought to buy back no more than 10% of H shares.
Jingfang Pharmaceutical-B (02595) rose more than 3%, and the company announced several clinical results of KRAS G12D inhibitors.
Domestic housing stocks picked up in early trading, Shenzhen and Hangzhou introduced sales system reform rules, and the pace of introduction in other cities is expected to accelerate. Longhu Group (00960) rose 9%; Vanke Enterprise (02202) rose 5%.
Alibaba-W (09988) rose 3.95%, and Cook confirmed Apple's smart access to the Alibaba Thousand Questions model.
The fall in dollar and US bond yields supported precious metals. Lingbao Gold (03330) rose more than 8%, while Zhaojin Mining (01818) rose 3%.
China Oriental Education (00667) rose by more than 7%, and the Ministry of Education will implement a work plan to help expand the capacity and improve the quality of the service industry.
Salsa International (00178) rose 4%. Jefferies indicated that sales performance in the second quarter was better than expected, and sales momentum did not slow down.
Kuaishou-W (01024) rose more than 5%, and Keling 4.0 is officially fully launched. The iteration of the version is expected to further consolidate Keling's commercialization potential.
Ganfeng Lithium (01772) fell more than 4%. Net profit increased 195 times in the first three quarters, and net profit fell 68% month-on-month in the third quarter.