HSI Down 494 pts; HSTI Down 195 pts; MEITUAN Down over 6%; TENCENT Down over 3%; BABA Down over 3%; ABLE DIGITAL Hit New Highs
AASTOCKS News·- At midday, the HSI fell 494 points, or 2.0%, closing at 24,514, while the HSTI dropped 195 points, or 4.0%, to 4,638. - Key heavyweights like Meituan, Tencent, and Alibaba saw substantial decreases, with Meituan down 6.1% and Tencent down 3.9%. - The overall trend reflects significant short selling activities across the market, impacting multiple constituents negatively.