HSI Opens Up 186 pts as JD-SW Rebounds 3%+; SENSETIME-W Opens 7% Higher on Positive Profit Alert
AASTOCKS News·- The Hong Kong Hang Seng Index opened higher at 25,303 with an increase of 186 pts or 0.74%, driven by widespread advances among major tech and blue-chip stocks. - Key technology stocks rebounded or gained, led by BABA-W rising 1.75% after its AI model downloads exceeded 3 billion globally and JD-SW recovering 3.45%. - Individual stocks such as SENSETIME-W opened 7.12% higher following a positive profit alert expecting consolidated profit for the first time since listing.HSI Down 300 pts; HSTI Down 56 pts; BABA Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 300 pts or 1.2 % to 25,352, while the Hang Seng Tech Index fell 56 pts or 1.2 % to 4,767. - Active heavyweights experienced declines, with Alibaba closing down 3.2 % at $122.3 and Tencent falling 2.9 % to $457. - Various constituent stocks moved differently, as Tingyi gained 4.8 % while WH Group dropped 4.8 %.HSI Opens Up 61 Pts, as BABA-W Up 2%, MINIMAX-W Up 4%+
AASTOCKS News·- The HSI opened higher at 25,998 points, rising 61 points or 0.24% amid mixed global market cues. - Major tech stocks showed varied performances, with BABA-W gaining 2.13% and MINIMAX-W soaring over 4%. - Spot gold rebounded above USD 4,400 per ounce, driving gains across gold mining and jewelry stocks.HSI Opens Down 3 pts as AIA, HSBC HOLDINGS Remain Soft; WHARF REIC 2%+ Higher
AASTOCKS News·- Following overnight declines in US stocks, the Hang Seng Index opened slightly lower at 25,526 down 3 points amid mixed performances across major technology and blue-chip stocks. - AIA and HSBC Holdings opened down 0.82% and 0.25% respectively, with AIA pressured by tax rumors and HSBC resuming share buybacks. - Wharf REIC gained over 2% due to strong earnings support, while Pacific Basin surged nearly 5% following a more than threefold increase in interim profit.HSI Closes Midday at 25,150, Up 7 pts; HSTI Closes Midday at 4,838, Up 86 pts; SMIC Up over 8%; MIDEA GROUP Hit New Highs
AASTOCKS News·- At midday close, HSI rose 7 points to 25,150, while HSTI increased by 86 points to 4,838 and HSCEI fell by 14 points to 8,367. - Notable performers included SMIC, rising 8.8% to $75.9, and HUA HONG GRACE, climbing 17.1% to $167.4, alongside several other gains for heavyweights and sectors. - The short selling data indicated significant activity, particularly in tech stocks, suggesting investors are closely monitoring market fluctuations.HSI Closes Midday at 24,148, Down 26 pts; HSTI Closes Midday at 4,683, Down 38 pts; CHINA LIFE Down over 5%
AASTOCKS News·- At midday, the HSI fell by 26 points, or 0.1%, closing at 24,148, while the HSTI decreased by 38 points, or 0.8%, to 4,683. - Notable movements include MEITUAN decreasing by 2.0% and BABA increasing by 0.9%, with significant short selling observed across various constituents. - Overall, the market showed mixed results with several stocks, such as CHINA LIFE and AKESO, experiencing notable declines, while LEADS BIOLABS-B rose by 24.1%.HSI Closes at 24,030, Down 169 pts; HSTI Closes Flat at 4,731; SMIC Up over 10%; Market Turnover Rises
AASTOCKS News·- The Hong Kong Stock Exchange saw the HSI drop 169 points to 24,030, while the HSCEI fell 86 points to 7,997, amid a turnover of $377.25 billion. - Notable movers included SMIC, which rose 10.2% to $83.55, and Laopu Gold, which decreased 5.1% to $383. - Short selling was significant, with Meituan at a ratio of 30.279% and Tencent at 15.466%, showing active trading dynamics in the market.