Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<H Shrs>HSI Slips 489 Pts at Midday; BABA-W, SMIC Weaken; Commodities, CN Insurers Recede
Recommend 1 Positive 2 Negative 6 |
||||
|
||||
|
The HSI settled the midday down 489 points or 1.9% at 25,139. The HSCEI fell 188 points or 2.1% to 8,729. The HSTECH dropped 132 points or 2.4% to 5,365. The total market turnover for the half-day amounted to HKD107.153 billion. In the tech sector, BABA-W (09988.HK) slid 3.6% to HKD143.3. TENCENT (00700.HK), MEITUAN-W (03690.HK), and KUAISHOU-W (01024.HK) receded 1.4-1.6%. NTES-S (09999.HK), BIDU-SW (09888.HK), BILIBILI-W (09626.HK), and JD-SW (09618.HK) faded 2.2-2.7%. CHINASOFT INT'L (00354.HK), CHINA LIT (00772.HK), JD HEALTH (06618.HK), EAST BUY (01797.HK), WEIMOB INC (02013.HK), GDS-SW (09698.HK), and KINGSOFT CLOUD (03896.HK) shed 3.4-4%. SENSETIME-W (00020.HK) dived 6.1%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) lost 3.6% and 2.8%. Carmakers BYD COMPANY (01211.HK) and LI AUTO-W (02015.HK) retreated 2.1% and 2.6%. Their peers XIAOMI-W (01810.HK), NIO-SW (09866.HK), and LEAPMOTOR (09863.HK) went down about 3%. XPENG-W (09868.HK) even plunged 4.9%. Stocks sensitive to interest rates caved under pressure. Among them, commodity stocks CHALCO (02600.HK), MMG (01208.HK), and CHINAHONGQIAO (01378.HK) sank 4.9-5.8%. Chinese insurers also tumbled together with China's stock markets. PICC P&C (02328.HK) and ZA ONLINE (06060.HK) plummeted 3.1%. CHINA LIFE (02628.HK) and PICC GROUP (01339.HK) cratered 3.9% and 4.6%. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
