HSI Ends Up 203 Pts; KUAISHOU-W Dives 11%; mRNA Concept Stocks Swell
AASTOCKS News·
- The Hong Kong stock market closed higher on August 20, with the Hang Seng Index up 203 pts or 0.8% at 25,698 and a total turnover of HKD 269.119 billion.
- KUAISHOU-W plunged 11.01% as its 2Q adjusted profit slid 30.3% YoY, while SBP GROUP surged 12.53% following a better-than-expected interim profit report.
- mRNA concept stocks rallied significantly after Moderna's cancer vaccine breakthrough, driving strong gains in related pharmaceutical firms like EVEREST MED and CANSINOBIO.
