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<H Shrs>HSI Bounces Back 363 Pts; Chips & CN Insurers Boom; Yet Oils Soft
Recommend 84 Positive 160 Negative 68 |
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Hong Kong bourse receded drastically by more than 2,100 pts yesterday (8th), but bounced back and opened higher this morning (9th). The HSI opened 363 pts or 1.7% higher at 21,290; the HSCEI opened 132 pts or 1.8% higher at 7,616; and the HSTECH opened 124 pts or 2.6% higher at 4,819. For techs, BABA-W (09988.HK) and TENCENT (00700.HK) surged 2.6% and 2.4%. MEITUAN-W (03690.HK), JD-SW (09618.HK) and NTES-S (09999.HK) spiked 4.5%- 5.1%. XIAOMI-W (01810.HK), BIDU-SW (09888.HK) and KUAISHOU-W (01024.HK) added 1.1%-1.7%. BILIBILI-W (09626.HK) leaped 2.8%. For semis, HUA HONG SEMI (01347.HK) and SMIC (00981.HK) rallied 4% and 4.6%. BYD COMPANY (01211.HK) jumped up 2%. LI AUTO-W (02015.HK), NIO-SW (09866.HK) and XPENG-W (09868.HK) mounted 3.8%-4.3%. With oil prices retreating, oils PETROCHINA (00857.HK) and CNOOC (00883.HK) dipped 1.6% and 1.8%. For financials, HSBC HOLDINGS (00005.HK) sank 0.2%. HKEX (00388.HK) and AIA (01299.HK) soared 2.1% and 3.1%. Chinese insurers CHINA TAIPING (00966.HK) and CHINA LIFE (02628.HK) spiked 4.6% and 3.9%. AAStocks Financial News |
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