Financial news
Written by: Zhang Weilun
2020-03-05 13:47
Last updated: 2020-03-05 13:48Hong Kong stocks expanded to over 500 points in the afternoon, breaking 26,700 points.
The Hang Seng Index was last reported at 26730 points, up 508 points; the H-Share Index was last reported at 10715 points, up 193 points.
Domestic demand and consumer stocks performed outstandingly. Wanzhou International (0288) rose 5.7% to 8.57 yuan, Mengniu Dairy (2319) rose 4.9% to 53.05 yuan and Hengan International (1044) rose 3.5% to 62.1 yuan Up 3.5%.
Pharmaceutical stocks are also doing well. China Biopharmaceuticals (1177) rose 3.7%, with the latest reported at 12.22 yuan, CSPC (1093) rose 2.8%, with the latest reported at 18.64 yuan.
As for mobile phone equipment stocks, AAC Technologies (2018) rose 4.9% to the latest at 53.05 yuan.
Hong Kong stock market trend