Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<H Shrs>HSI Slips 319Pts at Close; BIDU-SW Up 3%+; POP MART Down 8%
Recommend 0 Positive 1 Negative 1 |
||||
|
||||
|
The HSI concluded at 25,765, down 319 points or 1.2%, snapping a two-day winning streak; the HSCEI sank 114 points or 1.3% to end at 9,083; and the HSTECH closed flat at 5,662. Total market turnover was HK$206.23 billion. BIDU-SW (09888.HK) clarified that it is evaluating the proposed spin-off of Kunlunxin, and its share price spiked 3.5% throughout the day, making it the best-performing blue-chip stock. Among other techs, BABA-W (09988.HK) fell more than 1%, and TENCENT (00700.HK) dropped 0.8%. JD-SW (09618.HK) lost 0.7% after JD Cloud's JoyBuilder model development platform was upgraded, improving the training efficiency of embodied AI models by 3.5 times. BILIBILI-W (09626.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) dipped 0.1-1.4%. MEITUAN-W (03690.HK) released its LongCat-Image image generation model, shoring up its share price by 0.5%. Automaker GEELY AUTO (00175.HK) added 1.8%, and BYD COMPANY (01211.HK) rose 0.2%. LI AUTO-W (02015.HK) and NIO-SW (09866.HK) eroded 0.4% and 0.7% respectively. XPENG-W (09868.HK) gained 0.1%. Xiaomi Auto's customized services have commenced deliveries, but XIAOMI-W (01810.HK) shrank 0.5%. Among individual stocks, POP MART (09992.HK) slid 8.5%, making it the worst-performing blue-chip stock, with Deutsche Bank pointing to the decline in Labubu's market premium. INNOVENT BIO (01801.HK), after opening higher on its first day of trading in the blue-chip category, dived nearly 7%, despite seven of its innovative products being included in the new version of China’s NRDL. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
