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.Shanghai Composite Opens Down 2pts; Chinese Banks Soft; YUSHU TECHNOLOGY Slumps Nearly 5%
AASTOCKS News·- The PBOC conducted RMB 340 billion of 7-day reverse repo operations, leading to a net injection of RMB 340 billion as the RMB central parity rate against the USD was set at 6.7841. - The three major A-share indices opened mixed, with the Shanghai Composite Index down 2 pts at 3,902, the Shenzhen Component Index up 23 pts at 14,118, and the ChiNext Index up 4 pts at 3,550. - Chinese bank and insurer stocks generally opened soft, while major tech, chip, and optical module stocks experienced varied trading performances alongside YUSHU TECHNOLOGY slumping nearly 5%.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.HSI Closes Midday at 25,883, Up 184 pts; HSTI Closes Midday at 4,724, Up 23 pts; PING AN Up over 3%; XIAOMI Up over 3%; BABA Down over 3%; OOIL, CLP HOLDINGS, PACIFIC BASIN, TS LINES, CHINAGOLDINTL Hit New Highs
AASTOCKS News·- At the midday close, the Hang Seng Index rose 184 pts to 25,883 while the Hang Seng Tech Index climbed 23 pts to 4,724. - Active heavyweights saw mixed movements, with PING AN and XIAOMI both increasing over 3%, whereas BABA dropped over 3%. - Several stocks including OOIL, CLP HOLDINGS, PACIFIC BASIN, TS LINES, and CHINAGOLDINTL hit new highs during the session.