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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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2024-05-07 16:26:01 Hong Kong stocks retreated after 10 days of consecutive rise. HSI lost 98 points or 0.5% to close at 18,479. HSCEI receded 45 points or 0.7% to close at 6,526. HSTECH declined 85 points or 2.2% to close at 3,922. Total market turnover for the day was $113.424 billion. Major tech stocks receded. BABA-SW (09988.HK) lowered 1.8% to $78.05, TENCENT (00700.HK) decreased 1.2% to $365.8, XIAOMI-W (01810.HK) fell 0.9%, and JD-SW (09618.HK) and BIDU-SW (09888.HK) descended 2.1% and 2.2%. MEITUAN-W (03690.HK) reduced 4%, NTES-S (09999.HK) and KUAISHOU-W (01024.HK) descended 5% and 4.8%, while BILIBILI-W (09626.HK) plummeted 6%. In addition, SENSETIME-W (00020.HK) lowered 1.8% and ALI HEALTH (00241.HK) dropped 4.1%. Handset component stocks BYD ELECTRONIC (00285.HK) and AAC TECH (02018.HK) escalated more than 3%, while FIH (02038.HK) crumpled 6.6%. PC maker LENOVO GROUP (00992.HK) ascended 2.6%. Car stocks LI AUTO-W (02015.HK) and NIO-SW (09866.HK) waned 2.4% and 1.7%. GWMOTOR (02333.HK) sales in April rose 1.8%, and its shares elevated 1.8%. BYD COMPANY (01211.HK) inclined 0.6% to $227.4. Shenzhen optimised its home purchase restriction policy by allowing multi-children families to purchase another housing unit. CHINA RES LAND (01109.HK) and SEAZEN (01030.HK) advanced 3.7% and 6%. CHINA VANKE (02202.HK) closed flat at $4.8 after it announced a 38% YoY drop in April contracted sales. Macau's average hotel occupancy rate during the May Day holiday was about 89.2%, up 4.5 ppts YoY. SANDS CHINA LTD (01928.HK) and SJM HOLDINGS (00880.HK) waned 1.6% and 1.4% respectively. China's May Day holiday box office hit a record high for the same period, and MAOYAN ENT (01896.HK) hiked 4.3%. In financials, HSBC HOLDINGS (00005.HK) inclined 0.7% to $69.7, while HKEX (00388.HK) and AIA (01299.HK) dropped 1.3% and 2%. Local property stock SWIREPROPERTIES (01972.HK) retreated 2.8% after its office occupancy in Hong Kong was 93% and rent reversion for Pacific Place dropped 17% during 1Q. ~ AAStocks Financial News Web Site: www.aastocks.com | |