AKESO
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HSI Down 717 pts; HSTI Down 200 pts; BABA Down over 6%; MEITUAN Down over 4%; XIAOMI Down over 3%; Market Turnover Rises
AASTOCKS News·- The Hong Kong stock market experienced a significant downturn at the close, with the Hang Seng Index dropping 717 points or 3.0% to 22,934, and the Hang Seng Tech Index falling 200 points or 5.0% to 3,793. - Major active heavyweights saw sharp declines, including Alibaba down 6.1%, Meituan down 4.6%, Xiaomi down 3.7%, and Tencent down 2.9%. - Market turnover increased to $256.05 billion amid widespread losses across major constituents and tech stocks.Akeso tumbles 10% in Hong Kong as shares sink below placement price
HK Stock Market Update·HSI Down 679 pts; HSTI Down 185 pts; BABA Down over 5%; MEITUAN Down over 4%; XIAOMI Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 679 points or 2.9% to 22,971, while the Hang Seng Tech Index fell 185 points or 4.6% to 3,809. - Major active heavyweights saw significant declines, with Alibaba dropping 5.9%, Meituan down 4.2%, and Xiaomi declining 3.9%. - Broad-based downward pressure affected numerous constituents across various sectors, including Lenovo Group and Akeso, which fell 8.8% and 8.5% respectively.Akeso falls 8% in Hong Kong as placement investors face losses
HK Stock Market Update·Akeso climbs 5% as innovative drug sector rallies in Hong Kong
HK Stock Market Update·Akeso climbs 3% as biopharma stocks rally following share placement
HK Stock Market Update·Akeso tumbles 10% on discounted share placement
HK Stock Market Update·