HSI1 24,072.28 -211.87 242.23B
HSCEI1 8,678.30 -84.17 92.11B
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HSI Dips 101 Pts at Midday as LAOPU GOLD Soars 16%, Breaks Ceiling; Chip Stocks Elevate
2025-06-30 12:31:58
The HSI slid 101 points or 0.4% to 24,182 at midday. The HSCEI dropped 43 points or 0.5% to 8,719. The HSTECH picked up 6 points or 0.1% to 5,347. Half-day turnover of the market amounted to $118.141 billion.

For techs, BABA-W (09988.HK), TENCENT (00700.HK) and MEITUAN-W (03690.HK) shed 1.3-1.8%, while JD-SW (09618.HK) lost 0.8%. BIDU-SW (09888.HK) and BILIBILI-W (09626.HK) added 0.3% and 1.4%, while NTES-S (09999.HK) and KUAISHOU-W (01024.HK) climbed 2.2% and 2.9%.

In addition, PA GOODDOCTOR (01833.HK) and MEITU (01357.HK) elevated 4.9% and 4.7%, while TME-SW (01698.HK), KINGSOFT (03888.HK) and XD INC (02400.HK) leaped 2.6-3.4%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) jumped up 2.9% and 2.6%.

Consumers ascended, with U-PRESID CHINA (00220.HK) and MNSO (09896.HK) ballooning 4.6% and 3.3%. POP MART (09992.HK) and YUM CHINA (09987.HK) mounted 2.6%, while MAO GEPING (01318.HK) and MIXUE GROUP (02097.HK) advanced 2.3% each. LAOPU GOLD (06181.HK) soared 16.2% to $1,019, with a turnover of $2.514 billion. Casino MELCO INT'L DEV (00200.HK) mushroomed 3%.
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