HSI Ends Down 239 Pts; TENCENT, NTES Each Slump 7%+; Kingboard Series Plunge; Gold Miners Rally Against Mkt
AASTOCKS News·- The HSI closed at 24,892, down 239 points or 0.95%, with a turnover of HKD 312.763 billion, while major tech stocks like Tencent and Netease saw significant declines. - Despite the broader market downturn, resource and metal stocks rallied, with Zijin Mining rising by 6.03% and several others gaining around 15%. - JPMorgan adjusted the target price for Z.AI and MINIMAX-W, which led to Z.AI dropping 3.61% and MINIMAX-W plummeting 11.42%.