The Zhitong Finance App learned that on November 11, the Hang Seng Index opened 0.83% lower to 24354.19 points; the Hang Seng Technology Index fell 0.96% to 4045.30 points; the State-owned Enterprises Index fell 0.75% to 8204.21 points; and the Hang Seng Red Chip Index fell 0.48% to 4013.98 points.
The Hang Seng Industry Index declined across the board. The raw materials industry index fell 2.30%, the non-essential consumer index fell 0.99%, the financial industry index fell 0.82%, the IT industry index fell 0.75%, the composite enterprise index fell 0.65%, the real estate construction index fell 0.62%, and the healthcare industry index fell 0.55%; the telecommunications industry index fell 0.11%, the energy industry index fell 0.24%, and the industrial index fell 0.31%, the decline was relatively small.
Raw materials stocks were lower. Auto stocks weakened. Ideal Automobile-W (02015) fell 2.68% to HK$49.00, and Xiaopeng Group-W (09868) fell 2.07% to HK$39.68. It was the leading component of the Hang Seng Technology Index's decline. Ideal Automobile-W was also the biggest component of the Hang Seng Index's decline. Chuangke Industries (00669) fell 2.49% to HK$140.70, making it the second-largest component in the Hang Seng Index's decline. In terms of individual stocks that bucked the trend, Ningde Times (03750) rose 2.59% to HK$387.80, the biggest component of the Hang Seng Index's increase; Huahong Hongli (01347) rose 1.61% to HK$75.75, the second-largest component of the Hang Seng Index's increase; Smart Spectrum (02513) rose 1.66% to HK$490.00. The company announced on November 10 that it plans to repurchase H shares, up to HK$4 billion, and the total number of repurchases did not exceed 1% of the total number of shares issued on the announcement date; Tencent Music-SW (016SW) 98) up 1.08% to 37.32 Hong Kong dollars.
In terms of IPOs, New Lotus (02206) was listed on the main board of the Hong Kong Stock Exchange today and opened at HK$51.30, up 27.61% from the offering price of HK$40.20. Of the 95 constituent stocks of the Hang Seng Index, 6 rose, 78 fell, and 11 were flat; of the 30 constituent stocks of the Hang Seng Technology Index, 3 rose, 24 fell, and 3 were flat.
Overnight, the three major US stock indices collectively closed down. The Dow Jones Industrial Average fell 0.30% to 52231.89 points, the S&P 500 index fell 0.38% to 7520.93 points, the Nasdaq Composite Index fell 0.74% to 25065.87 points; the Philadelphia Semiconductor Index fell 0.35%, and the Nasdaq China Golden Dragon Index fell 1.21%. US CPI rose 0.4% month-on-month in October, higher than market expectations of 0.3%, and 10-year US Treasury yields once rebounded to 5% intraday. Spot gold fell 2.6%; the settlement price of WTI crude oil futures for December delivery was $86.04 per barrel, down 0.93%; Brent crude oil futures for January delivery were $91.49 per barrel, down 1.17%. On the previous trading day for Hong Kong stocks (November 10), the Hang Seng Index closed at 24557.04 points, while the Hang Seng Technology Index closed at 4084.45 points.