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HSI Once Rebounds 350 Pts, Last Slips 200+ Pts as Heavy-weighting Techs Dent Mkt; KUAISHOU/ BIDU/ TENCENT Wane 5-6%
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Hong Kong stocks opened higher this morning (3rd). After opening 220 points higher, the HSI once gained 350 points to a high of 27,126 in the early session. The index's incline rapidly narrowed, and it last slid 203 points or about 0.7% to 26,571, with a turnover of $111.427 billion. Heavy-weighting techs dragged down the broader market. KUAISHOU-W (01024.HK) last printed at $72.1, down 6.36%, making it the biggest loser among blue chips, with a turnover of $1.413 billion. BIDU-SW (09888.HK) last descended 5.66% to $138.4, with turnover of $767 million. TENCENT (00700.HK) last printed at $568, slumping 5.1%, with a turnover of $11.519 billion. BABA-W (09988.HK) cascaded 4.1% to $156.6, with turnover of $6.245 billion. MEITUAN-W (03690.HK) last sagged 2.21% to $92.75, with turnover of $1.11 billion. JD-SW (09618.HK) last printed at $108.5, down 1.81%, with turnover of $286 million. XIAOMI-W (01810.HK) dropped 1.31% to last at $34.6, with a turnover of $1.095 billion. AASTOCKS Financial News Website: www.aastocks.com |
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