Summary
[Hong Kong Stocks Noon Review: Hang Seng Index fell 3%, Hang Seng Index plunged 7% and hit a record low]The three major indexes of Hong Kong stocks fell collectively in midday trading. The Hang Seng Technology Index fell 7.5% to 4,101 points, hitting a new record low. The net inflow of funds going south was 1.403 billion Hong Kong dollars in half a day, and the market turnover was 100 billion Hong Kong dollars. On the disk, the SEC added five Chinese concept stocks to the “pre-delisting list” and dragged down the heavyweight technology stocks collectively. JD.com fell by 15%, Bilibili fell by 11%, Meituan fell by 10%, and Ali fell by 6%. Back to Hong Kong, Chinese concept stocks generally fell, Chi-Med Pharmaceuticals fell 14%, Zai Lab fell 13%, Yum China fell 12%, and BeiGene fell 8%; driven by the general decline of new energy vehicle stocks in US stocks overnight, NIO-SW Down 11%, Xpeng Motors-W fell 8%; gambling stocks generally fell, MGM lost 3.8 billion Hong Kong dollars last year, down 5%; biotechnology, catering stocks, tourism stocks, short video concept stocks, Metaverse, gold Stocks, oil stocks, sporting goods stocks and other stocks collectively fell sharply. The major shareholder of the parent company was sanctioned by the UK, and Rusal fell 9%. On the other hand, AIA announced a US$10 billion repurchase plan, up nearly 2%; BDI rose by 30% on the 5th, and Pacific Shipping rose by 2.4%; China Glass rose by 28%, and the net profit in 2021 is expected to be no less than 800 million yuan.
The three major indices of Hong Kong stocks fell collectively in midday trading. The Hang Seng Index fell 3.2% to 20,223 points, the HSCEI fell 4.71% to 6,914 points, and the Hang Seng Technology Index fell 7.5% to 4,101 points, hitting another record low.Southbound Funds Half Daynet inflow1.403 billion Hong Kong dollars, the market turnover was 100 billion Hong Kong dollars. On the disk, the SEC included five Chinese concept stocks in the “pre-delisting list” and dragged down the weighted technology stocks collectively.JD.comdown 15%,BilibiliIt fell 11%, Meituan fell 10%, and Ali fell 6%. Returning to Hong Kong, Chinese concept stocks generally fell,Chi-Meddown 14%,Zai Labdown 13%,Yum Chinadown 12%,BeiGenefell 8%; driven by the general decline of new energy vehicle stocks in US stocks overnight,NIO-SWdown 11%,Xpeng Motors-Wdown 8%; gambling stocks generally fell,MGM MacauLast year, it lost 3.8 billion Hong Kong dollars, down 5%; biotechnology, catering stocks, tourism stocks, short video concept stocks, Metaverse, gold stocks, oil stocks, sporting goods stocks and other stocks collectively fell sharply.parent companyshareholdersanctioned by the BritishRUSALfell 9%.AIA, on the other hand, announces $10 billionrepoplan, rose nearly 2%; BDI rose 30% on the 5th,The Pacific OceanShipping rose 2.4%;Chinese glassIt has risen by 28%, and the net profit in 2021 is expected to be no less than 800 million yuan.
(Article source: Financial Associated Press)