Summary
[Hong Kong Stocks Afternoon Review: Hang Seng Index fell over 1%, gold stocks and airline stocks strengthened against the market]The three major indexes of Hong Kong stocks fell collectively. % reported 5604 points. The half-day turnover in the market was HK$72 billion, and the net purchase of funds from the south was HK$3.27 billion. On the disk, large technology stocks continued to fall, among which Bilibili, Baidu fell more than 3%, JD.com, Kuaishou fell more than 2%, Alibaba, Meituan fell 1%, and Tencent fell. Education stocks and Internet medical stocks led the decline; anti-epidemic concept stocks, rare earth stocks, and auto stocks continued to fall; catering stocks and coal stocks retreated; Hong Kong banking stocks, insurance stocks, traditional Chinese medicine, steel, tourism and other stocks fell collectively. Ukrainian tensions boosted gold’s safe-haven appeal, and gold stocks strengthened; boosted by A-share airline stocks, airline stocks rose against the market trend, Cathay Pacific rose more than 1%; some auto dealer stocks rose, Yongda Automobile rose 3%, Meidong Automobile and Zhongsheng Holdings rose 1%; sporting goods stocks and non-ferrous metal stocks rose collectively.
The three major indexes of Hong Kong stocks fell collectively. The Hang Seng Index fell 1.24% to 24,351 points, the National Index fell 1.03% to 8,569 points, and the Hang Seng Technology Index fell 1.74% to 5,604 points. The half-day turnover in the market was HK$72 billion, and the net purchase of funds from the south was HK$3.27 billion.On the disk, large technology stocks continued to fall, includingBilibili、Baidudown more than 3%,JD.com, Kuaishou fell more than 2%,Alibaba, Meituan fell 1%, and Tencent fell.educateStocks, Internet medical stocks topped the decline; anti-epidemic concept stocks, rare earth stocks, and auto stocks continued to fall; catering stocks, coal stocks pulled back; Hong KongBankStocks, domestic insurance stocks, traditional Chinese medicine, steel, tourism and other stocks fell collectively. Ukrainian tensions boosted gold’s safe-haven appeal, gold stocks strengthened; boosted by A-share airline stocks, airline stocks rose against the market,Cathay Pacificrose more than 1%; some auto dealer stocks rose,Yongda Automobileup 3%,Meidong Automobile、Zhongsheng Holdingsup 1 percent; sporting goods stocks,non-ferrous metalsStocks rose collectively.
(Article source: Financial Associated Press)