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News on April 18thBaccarateagleToday, the three major indexes of Hong Kong stocks generally opened low and went higher. By midday, the Hang Seng Index was up 1.Baccarateagle.34%, at 16469.29 points, the Hang Seng Ke Index rose 1.14%, and the State-owned Enterprises Index rose 1.45%. In the market, science and Internet stocks generally rose, Tencent rose more than 2%, Baidu and Lenovo rose more than 1%, NetEase and Xiaomi followed, JD.com went green; the big financial plate was collectively strong, and insurance stocks were among the top gainers. China Pacific Insurance rose more than 6%. China International Capital Corporation rose more than 4%; car dealers were individually strong, Zhongsheng Holdings rose more than 9%; Apple concept stocks picked up collectively, and AAC Technology rose more than 3%. International oil prices plummeted, oil stocks fell collectively, COSL and PetroChina fell by more than 2%; household appliances and other consumer goods were encouraged to trade in new ones, home appliance stocks became popular, and various measures helped stabilize the property market, and inner housing stocks and property management stocks rose together.
Insurance stocks were among the biggest gainers, with China Pacific Insurance up more than 6%. For insurance companies, the new "National Nine articles" proposes to optimize the policy environment for insurance fund equity investment, implement and improve the performance evaluation methods of state-owned insurance companies, and better encourage long-term equity investment. We will improve the regulatory system for the investment of insurance funds' rights and interests, and optimize the information disclosure requirements of listed insurance companies.
Oil stocks fell collectively, with COSL and PetroChina falling more than 2%. On the face of the news, the market was temporarily worried about the situation in the Middle East, superimposed by the increase in US EIA crude oil inventories and the strength of the US dollar. International oil prices fell sharply on Wednesday. Brent crude's June futures settlement price closed down 2.73 U.S. dollars, or 3.03 percent, at 87.29 U.S. dollars per barrel. WTI crude oil May futures settlement price closed down 2.67 U.S. dollars, or 3.13 percent, at 82.69 U.S. dollars per barrel, the biggest decline since March 20.