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| HSI1 | 19,553.61 | +177.08 | 179.30B |
| HSCEI1 | 6,934.70 | +63.32 | 77.11B |
| Back Zoom + Zoom - Block Traded | |
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2024-05-02 16:30:09 Hong Kong stocks advanced for the 8th consecutive trading day as the US Federal Reserve kept interest rates unchanged. HSI lifted 444 points or 2.5% to close at 18,207. HSCEI elevated 163 points or 2.6% to close at 6,437. HSTECH surged 164 points or 4.5% to close at 3,865. Total market turnover for the whole day was $115.912 billion. As for financial stocks, STANCHART (02888.HK)'s 1Q underlying profit before tax grew 25%, far exceeding expectations, and its share price rallied 6%. HSBC HOLDINGS (00005.HK) inclined 3.4% to $69.25, HKEX (00388.HK) elevated 5.2% to $264.8, and AIA (01299.HK) rose 2.7% to $59.35. Mainland insurers PING AN (02318.HK) lifted 5.7%, while CHINA LIFE (02628.HK), CPIC (02601.HK) and ZA ONLINE (06060.HK) ascended 3.8% to 4.5%. Mainland bank CM BANK (03968.HK) advanced 3.8%. Tech stocks traded higher. MEITUAN-W (03690.HK) surged 8.8% to $119.1, while BABA-SW (09988.HK) and TENCENT (00700.HK) elevated 2.4% and 3.8%. JD-SW (09618.HK) and KUAISHOU-W (01024.HK) inclined 4.9% and 5.8%, BILIBILI-W (09626.HK) swelled 4.2%, and XIAOMI-W (01810.HK) rose 1.8%. In addition, SENSETIME-W (00020.HK) and WEIMOB INC (02013.HK) skyrocketed 36.1% and 14.4%, as KINGDEE INT'L (00268.HK), JD HEALTH (06618.HK) and ALI HEALTH (00241.HK) soared 10.7% to 11.5%. PA GOODDOCTOR (01833.HK) and KINGSOFT CLOUD (03896.HK) mounted 8.1% and 9.6%, while KINGSOFT (03888.HK), XD INC (02400.HK), CHINA LIT (00772.HK) and EAST BUY (01797.HK) rallied 5.4% to 7%. Mobile phone component stocks Q TECH (01478.HK) and SUNNY OPTICAL (02382.HK) spiked 10.2% and 4%. On the auto front, NIO-SW (09866.HK) shares rocketed 20.7% after deliveries grew 135% in April. LEAPMOTOR (09863.HK) April deliveries increased 72% YoY, and its share price surged 15.1%, LI AUTO-W (02015.HK) April deliveries incremented 0.4%, and its share price escalated 3.5%. XPENG-W (09868.HK) April deliveries inclined 33% YoY, and its share price ramped up 8.2%. GEELY AUTO (00175.HK) and BYD COMPANY (01211.HK) added 3.5% and 4.4%. Auto agent ZHONGSHENG HLDG (00881.HK) ascended 8.5%. Macau's GGR in April hiked 26% YoY. SANDS CHINA LTD (01928.HK) up 3.3%. MGM CHINA (02282.HK) saw its 1Q adjusted EBITDA up 77%, and its shares elevated 4.8%. MELCO INT'L DEV (00200.HK) subsidiary Melco Resorts logged 57% growth in 1Q adjusted EBITDA, and MELCO shares spiked 7.3%. Oil prices slumped. PETROCHINA (00857.HK) and SINOPEC CORP (00386.HK) retreated 3.8% and 2.1% respectively. ~ AAStocks Financial News Web Site: www.aastocks.com | |