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<H Shrs>HSI Sinks 65Pts Midday; Handsets & Chips Yet Up; HUA HONG SEMI Soars 17%+
Recommend 182 Positive 337 Negative 180 |
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At midday close, the HSI dipped 65 points or 0.3% to 22,911; the HSCEI fell 18 points or 0.2% to 8,456; and the HSTECH added 20 points or 0.4% to 5,659. The total market turnover for half a day was $151.858 billion. Handset-related stocks fared well, with XIAOMI-W (01810.HK) hiking 1.1% to $48.95, hitting an intraday high of $49.5. SUNNY OPTICAL (02382.HK), FIT HON TENG (06088.HK), Q TECH (01478.HK), COWELL (01415.HK) and AAC TECH (02018.HK) spiked 3.1%-4.1%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) surged 6.4% and 17.7% respectively. Telecom infrastructure-related stocks ZTE (00763.HK) and YOFC (06869.HK) swelled 6.9% and 5.8% respectively, while telecom CHINA UNICOM (00762.HK) soared 4.4%. Robot concept company UBTECH ROBOTICS (09880.HK) leapfrogged 12.7%, with a turnover of nearly $2 billion. As for other techs, BIDU-SW (09888.HK) slipped 2.8% after the company announced its results. BABA-W (09988.HK), TENCENT (00700.HK), JD-SW (09618.HK) and KUAISHOU-W (01024.HK) sagged 0.9%-1.2%. NEW ORIENTAL-S (09901.HK), NTES-S (09999.HK) and BILIBILI-W (09626.HK) dived 1.9%-2.4%. MEITUAN-W (03690.HK) tumbled 3.1%. PA GOODDOCTOR (01833.HK) shot up 6.6%. GDS-SW (09698.HK) and XD INC (02400.HK) plunged more than 3%. Automakers LI AUTO-W (02015.HK) and XPENG-W (09868.HK) mounted 3.7% and 5.4% respectively. AAStocks Financial News |
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