HSI Dives 256 pts at Midday; Z.AI Ticks Up ~3%; CN Developers Suppressed; BABA-W Slips 3%+
AASTOCKS News·
- The Hang Seng Index fell 256 pts or 1 % to close at 25,310 at midday with a total turnover of HKD 133.165 billion.
- Major technology stocks traded mixed, with BIDU-SW dropping 2.65 % and KUAISHOU-W surging 4.82 % following a substantial investment.
- Chinese property developers remained subdued amid policy adjustments, and AI concept stocks showed positive momentum led by Z.AI and MINIMAX-W.
