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<H Shrs>HSI Slips 205 pts at Midday; HSBC HOLDINGS Slides 3%+, LENOVO GROUP Slumps 5.5%
Recommend 4 Positive 3 Negative 5 |
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After opening 67 points lower, the HSI tested the 25,000 level and closed at 25,047 at midday, down 205 points or 0.81%. Half-day turnover amounted to HKD149.764 billion. The HSCEI closed at 8,466 at midday, down 35 points or 0.42%. The HSTECH closed at 4,913 at midday, down 61 points or 1.24%. Mainland China has tightened regulation on outbound investment, but Goldman Sachs opined the actual operational impact on Hong Kong banks and insurers will be limited. AIA (01299.HK) once sagged more than 4% before narrowing losses, closing at HKD74.5 at midday, down 2.87%. HSBC HOLDINGS (00005.HK) plunged 3.14%, while PRU (02378.HK) slid 4.81%. Among blue chips, TENCENT (00700.HK) closed at HKD458.8 at midday, down 0.04%. LENOVO GROUP (00992.HK) slumped 5.52%, the worst-performing blue chip in the half day. MENGNIU DAIRY (02319.HK), TINGYI (00322.HK) and SANDS CHINA LTD (01928.HK) tumbled more than 4%. SMIC (00981.HK) shrank nearly 4%. OOIL (00316.HK) bucked the trend, soaring 5.55%. Recently hot AI-related stocks retreated. MINIMAX-W (00100.HK) closed at HKD575 at midday, down 13.34%. XUNCE (03317.HK) skydived 5.37%, and KNOWLEDGE ATLAS (02513.HK) stumbled 8.84%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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