MSMTUAN@EP2701A (14492.HK) Latest News & Headlines | Longbridge

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HK Market Close: Hang Seng Gains 0.56% as Resource Stocks Rally; Anta Sports, CICC Lead
Market Pulse·14 hours ago
- On August 26, Hong Kong stocks closed slightly higher, with the Hang Seng Index up 0.56% to 25652.97 points and a total turnover of approximately 2548 billion HKD. - Resource stocks, consumer goods, and brokerage sectors experienced strong gains, driven by favorable corporate earnings and commodity price support. - Meanwhile, internal real estate stocks showed divergence, and water and pharmaceutical stocks partially weakened.
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HSI Closes Midday at 25,685, Up 174 pts; HSTI Closes Midday at 4,660, Up 72 pts; XIAOMI Up over 4%; H&H INTL HLDG Hit New Highs
AASTOCKS News·18 hours ago
- At the midday close, the Hang Seng Index rose 174 points or 0.7 % to 25,685, while the Hang Seng Tech Index gained 72 points or 1.6 % to 4,660. - Major tech heavyweights and index constituents experienced upward momentum, with XIAOMI increasing over 4 % and H&H INTL HLDG hitting new highs. - The Hang Seng China Enterprises Index also advanced by 104 points or 1.2 % to close at 8,549.
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HSI Opens Up 124 pts as BABA-W Rebounds Over 1%; INNOVENT BIO Surges Over 6% After Results
AASTOCKS News·20 hours ago
- The Hong Kong Hang Seng Index opened 124 points higher at 25,635 on the morning of August 26, driven by broader gains across major tech shares and corporate earnings reports. - Major technology firms rebounded, including BABA-W which rose over 1% following reports of stakeholder share increases, while INNOVENT BIO surged over 6% after reporting a 50% growth in 1H profit. - International oil prices declined by more than 2% following a temporary security passage arrangement in the Strait of Hormuz, causing oil stocks like CNOOC and PETROCHINA to open lower.
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HSI Ends Down 6 pts as MEITUAN-W Tumbles 6%+; Innovative Drug Stocks and Kingboard Series Up against Mkt
AASTOCKS News·1 day ago, 03:55 AM
- The HSI closed down 6 pts or 0.02% at 25,511 with a full-day turnover of HKD 254.079 billion, while major tech stocks experienced mixed performances. - MEITUAN-W dropped 6.65% as the worst-performing blue chip, whereas BABA-W rose 1.51% following increased holdings by its executives. - Innovative drug stocks and the Kingboard series rallied strongly against the market trend, bolstered by favorable broker ratings and corporate results.
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Top 5 HK Stock Gainers/Losers (>100B) (8.25)
Top Gainers&Losers·1 day ago, 03:30 AM
- On August 25, the Hang Seng Index fell 0.02% and the Hang Seng Tech Index dropped 0.12%. - Among Hong Kong stocks with a market value exceeding 100 billion, YOFC surged 15.41% with a turnover of 7.67 billion HKD, and WuXi XDC rose 14.83% with 1.82 billion HKD. - Conversely, Meituan-W declined 6.65% with a turnover of 7.13 billion HKD, while Fast Retailing dropped 6.53%.
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Hong Kong Stocks Close Mixed: Hang Seng Dips 6 Points, Property Shares Rally, Meituan Tumbles Over 6%
Market Pulse·1 day ago, 03:19 AM
- On August 25, Hong Kong stocks experienced narrow fluctuations with major indices closing slightly lower, as the Hang Seng Index edged down 0.02% to 25511.10 points and a total turnover of 2540.79 billion HKD. - Sector performance showed strong divergence, with domestic real estate and Kingboard Laminates rallying significantly, while technology stocks split and gold resources generally declined. - Key corporate developments included Alibaba raising 80.0 billion HKD via a major share placement for AI investments, alongside supportive policy expectations and macroeconomic trends impacting the market.
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HSI Closes at 25,511, Down 6 pts; HSTI Closes at 4,588, Down 5 pts; MEITUAN Down over 6%; WUXI BIO, TS LINES Hit New Highs; Market Turnover Rises
AASTOCKS News·1 day ago, 03:15 AM
- At the close, the HSI dropped 6 pts to 25,511, while the HSTI slipped 5 pts to 4,588 alongside a total market turnover of $254.08 billion. - Major stock movements included MEITUAN dropping over 6%, while WUXI BIO and TS LINES hit new highs. - Other notable index constituents experienced mixed trading performances across various market sectors.
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HK Midday: Hang Seng Down 64 Pts; Meituan Tumbles Pre-Earnings, Kingboard Soars
Market Pulse·1 day ago, 01:19 AM
- On August 25 morning close, Hong Kong stocks fell collectively, with the Hang Seng Index down 64 points to 25 453 points and a turnover of about 126 7 billion HKD. - Major movements included Kingboard Holdings and Kingboard Laminates soaring over 10 % and 11 % following positive interim results, while Meituan plunged nearly 6 % ahead of its earnings report. - Property stocks rebounded across the board with Country Garden rising nearly 6 %, whereas gold stocks declined collectively due to falling international gold prices.
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HSI Turns Lower at Midday by 64 pts; MEITUAN-W Slumps 6%+; XPENG-W Slides ~10% After Results; Kingboard Series Rallies
AASTOCKS News·1 day ago, 11:55 PM
- The HSI turned lower at midday on August 25, closing down 64 pts at 25,453 with a market turnover of HKD126.755 billion. - Major tech and electric vehicle stocks experienced declines, led by XPENG-W plummeting nearly 10% due to a widened 2Q26 adjusted net loss of RMB1.237 billion and MEITUAN-W sliding 6.53%. - Conversely, Wuxi series and Kingboard series rallied strongly following upbeat analyst target price upgrades and corporate results.
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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·1 day ago, 11:20 PM
- 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.
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Hong Kong Midday: Hang Seng Dips 0.25%; Mainland Developers Surge, Gold Stocks Retreat, Meituan Slides 6%
Market Pulse·1 day ago, 11:19 PM
- Hong Kong stocks closed lower at midday on August 25, with the Hang Seng Index falling 0.25 % to 25453.19 points and a total turnover of approximately 126.8 billion HKD. - Sector performance diverged significantly, as mainland property stocks surged collectively while gold stocks generally pulled back due to falling gold prices and macroeconomic focus. - CXO stocks strengthened following positive interim financial results from relevant companies, while technology stocks showed mixed movements.
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Hong Kong Stocks Open Higher Then Fade; Biotech Surges, Xpeng Tumbles Nearly 8% Post-Earnings
Market Pulse·1 day ago, 09:19 PM
- On August 25, Hong Kong stock indices opened higher and then trended lower, with the Hang Seng Index falling 0. 24 % to 25456 points. - Sector performance showed strong gains in biomedicine, optical communications, and Kingboard groups, while gold stocks and new energy vehicles weakened. - XPeng dropped nearly 8 % following its earnings report, while major technology stocks diverged amid company share-buyback activities.
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Meituan-W falls 2% to near one-month low in Hong Kong trading
HK Stock Market Update·1 day ago, 08:36 PM
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Hang Seng Drops Nearly 2% as Alibaba's HK$80bn Placement Hammers Tech Stocks; Oil, Gold Buck the Trend
Market Pulse·2 days ago, 01:19 AM
- Hong Kong stocks declined significantly on August 24, with the Hang Seng Index falling 1.96% to 25498.35 points and the Hang Seng Tech Index dropping 3.67% to 4591.12 points. - Alibaba plummeted over 9% after raising approximately 79.7 billion HKD through a massive share placement for AI infrastructure, dragging down internet and semiconductor stocks. - Meanwhile, oil stocks, surging gold prices driven by safe-haven demand, and select new consumption shares bucked the broader market downward trend.
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Hong Kong Midday: Hang Seng Tumbles Over 2%; Alibaba Slumps Nearly 10% on Share Placement; Sinopec Bucks Trend, Up Over 4%
Market Pulse·2 days ago, 11:18 PM
- At the midday close on August 24, Hong Kong stock indices declined collectively, with the Hang Seng Index down 2.09% to 25465.23 points and a total turnover of approximately 1679 billion HKD. - Alibaba's record 80 billion HKD share placement triggered a broad tech sector sell-off, causing its stock to plummet nearly 10% and fall below the placement price. - Conversely, Sinopec rose over 4% following a 12% increase in mid-term net profit, while Livzon Pharmaceutical dropped over 14% after reporting declining mid-term earnings.
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