HK Market Midday: Hang Seng Down 0.4%; PCB, Semiconductor Stocks Buck Trend; Feihe Plunges Nearly 10%
Market Pulse·
- Hong Kong stocks maintained narrow fluctuations in the afternoon session on August 27, with the Hang Seng Index falling 0.40% to 25549.87 points.
- Boosted by Nvidia's better-than-expected financial results, the PCB and semiconductor sectors strengthened against the market trend.
- Consumer stock China Feihe plummeted nearly 10% due to disappointing interim financial results showing a 16.3% year-on-year drop in net profit.
