China orders military supply chain checks in self-reliance push
Businesstimes News·HSI Closes Midday at 25,453, Down 64 pts; HSTI Closes Midday at 4,559, Down 34 pts; MEITUAN Down over 6%; TS LINES Hit New Highs
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 64 pts to 25,453 and the Hang Seng Tech Index fell 34 pts to 4,559. - Major active heavyweights showed mixed performances, with MEITUAN declining over 6% while XIAOMI and BABA posted slight gains. - Various market constituents experienced notable fluctuations, highlighted by TS LINES reaching new highs with a 6.2% increase.HSI Opens Up 186 pts as JD-SW Rebounds 3%+; SENSETIME-W Opens 7% Higher on Positive Profit Alert
AASTOCKS News·- The Hong Kong Hang Seng Index opened higher at 25,303 with an increase of 186 pts or 0.74%, driven by widespread advances among major tech and blue-chip stocks. - Key technology stocks rebounded or gained, led by BABA-W rising 1.75% after its AI model downloads exceeded 3 billion globally and JD-SW recovering 3.45%. - Individual stocks such as SENSETIME-W opened 7.12% higher following a positive profit alert expecting consolidated profit for the first time since listing.HSI Down 300 pts; HSTI Down 56 pts; BABA Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 300 pts or 1.2 % to 25,352, while the Hang Seng Tech Index fell 56 pts or 1.2 % to 4,767. - Active heavyweights experienced declines, with Alibaba closing down 3.2 % at $122.3 and Tencent falling 2.9 % to $457. - Various constituent stocks moved differently, as Tingyi gained 4.8 % while WH Group dropped 4.8 %.