WUXI APPTEC
02359191.6004.87% ( -9.800 )
Delay Closed: Nov 13, 16:08:17News
WuXi AppTec drops 6% in Hong Kong trading
Market Movers·Top 5 HK Stock Gainers/Losers (>100B) (11.12)
Top Gainers&Losers·- On November 12, the Hang Seng Index fell by 1.26 % and the Hang Seng Tech Index dropped by 2.36 %. - Link REIT and Hua Hong Semiconductor gained 3.23 % and 2.46 % respectively among major Hong Kong stocks. - Zijin Gold International and Zhipu experienced significant declines of 10.35 % and 9.05 % respectively.HK Stocks Close: HSI Drops Nearly 1%; Semiconductors Buck Trend, XINHEHUA Soars Over 70% on Debut
Market Pulse·- Hong Kong stocks closed lower on November 11, driven down by stronger-than-expected US October CPI data and rising expectations of Federal Reserve rate hikes. - The Hang Seng Index fell about 0.9% to close near 24096 points, with large technology stocks, new energy vehicles, and biomedical shares generally declining. - Despite the broader market downturn, the semiconductor sector bucked the trend to strengthen, and new stock Xinhehua surged over 70% on its debut.HK Market Midday: Hang Seng Weak in Afternoon, Optical Modules Surge Across the Board, Zhongji Innolight Up Over 13%
Market Pulse·- On November 11, Hong Kong stocks maintained weak fluctuations in the afternoon, with the Hang Seng Index closing down 0.83% at 24352 points due to cautious market sentiment. - The optical module sector surged across the board, driven by A-share CPO concepts, strong chip capital inflows, and robust AI computing demand. - Meanwhile, large tech heavyweight stocks and the CXO sector generally declined during the session.Hong Kong Midday: HSI Drops 0.8%; Optical Module Sector Surges; Tech Heavyweights Slide
Market Pulse·- At the midday close on November 11, Hong Kong stocks fell collectively, with the Hang Seng Index down 0.8% to 24352 points and the Hang Seng Tech Index down 1.4% to 4028 points. - The optical module sector surged strongly driven by robust earnings reports, while major tech weightings and CXO stocks generally declined due to rising US rate hike expectations and analyst downgrades. - Specific movers included Cambridge Technology surging over 16% and Meituan dropping over 3%, reflecting a divergent market performance across different sectors.HK Midday: HSI Up 0.5%, AI & Semiconductors Surge; Alibaba Down Over 3%
Market Pulse·- On November 10, Hong Kong stocks maintained gains in the afternoon, with the Hang Seng Index rising 0.53% to 24577.99 points and a half-day turnover of about HKD 124.5 billion. - Driven by TSMC's strong October revenue and optimistic guidance, AI and semiconductor sectors surged significantly, while financial stocks and the CXO sector also performed well. - Meanwhile, tech weights diverged as Alibaba dropped over 3%, and CNOOC declined by about 3% due to falling oil prices.HK Midday: AI Chip Stocks Surge Across the Board; Zhongji Innolight Jumps Over 11%; Alibaba Drops More Than 3%
Market Pulse·- On November 10, Hong Kong stocks fluctuated after a higher open, with the Hang Seng Index rising 0.1 % to 24474 points and the Hang Seng Tech Index up 0.66 % to 4067 points. - AI chip and computing power stocks surged across the board, driven by overnight gains in US semiconductor stocks, with InnoLight rising over 11 %. - Pharmaceutical stocks strengthened after WuXi AppTec was removed from a US military list, while major tech stocks diverged and oil stocks declined due to plunging international oil prices.