HSI1 18,475.92 +268.79 116.19B
HSCEI1 6,547.29 +110.20 55.14B
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HSI Finishes Up 83 Pts on CN Developers; COLI Rallies 6%
2024-04-25 16:22:41
The HSI gained 83 pts or 0.5% to close at 17,284. The HSCEI rose 20 pts or 0.3% to close at 6,120. The HSTECH shed 19 pts or 0.5% to close at 3,554. Total market turnover for the whole day amounted to $119.912 billion.

For financials, HKEX (00388.HK) leaped 3.3% to $246.8. HANG SENG BANK (00011.HK) and BOC HONG KONG (02388.HK) grew 1.6% and 1.5%. AIA (01299.HK) jumped up 2.2% to $51.55. PING AN (02318.HK) and CHINA TAIPING (00966.HK) mounted 2.5% and 3.1%. CM BANK (03968.HK) spiked 3.2%. HSBC HOLDINGS (00005.HK) rose 0.1% to $64.75.

As to Chinese property developers, CHINA OVERSEAS (00688.HK) and R&F PROPERTIES (02777.HK) shot up more than 6%. SEAZEN (01030.HK) and AGILE GROUP (03383.HK) rocketed more than 9%. SINO-OCEAN GP (03377.HK) soared 5.3%. YUEXIU PROPERTY (00123.HK), LONGFOR GROUP (00960.HK) and CHINA RES LAND (01109.HK) elevated 3%-3.7%.

On dotcoms, SENSETIME-W (00020.HK) surged 3.8% on resumption of trading. The company launched the "SenseNova 5.0" foundation model with 600 billion parameters earlier. BABA-SW (09988.HK) lifted 0.7% to $73. TENCENT (00700.HK) and MEITUAN-W (03690.HK) sank 1.4% and 1.8%. XIAOMI-W (01810.HK) and KUAISHOU-W (01024.HK) faded 0.4% and 0.6%. NTES-S (09999.HK) fell 1%.
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