HSI Down 544 pts; HSTI Down 183 pts; BABA Down over 9%; XIAOMI Down over 4%; TENCENT Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 544 points or 2.1% to 25,465, while the Hang Seng Tech Index fell 183 points or 3.8% to 4,582. - Major heavyweights recorded significant declines, with BABA down over 9%, XIAOMI down over 4%, and TENCENT down over 3%. - Other index constituents also faced downward pressure, though selective stocks like PING AN and SINOPEC CORP posted modest gains.HSI Gains 184 Pts at Midday; BABA-W and POP MART Each Dive 3% Post-results; PING AN Soars 3%+; HENDERSON LAND Leaps 6%+
AASTOCKS News·- Hong Kong stocks closed higher at midday on August 21, 2026, with the HSI up 184 pts or 0.72% to 25,883 and a main board turnover of HKD 135.973 billion. - Major tech and blue-chip stocks fluctuated following financial results, as BABA-W and POP MART each fell over 3%, while HENDERSON LAND surged over 6% on beating profit expectations. - Chinese insurers also rallied strongly, with PING AN and CHINA LIFE jumping 3.60% and 4.79% respectively.