Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<H Shrs>HSI Slips 329 Pts at Midday; Gold Jewelry Stocks Falter; POP MART Rebounds 4%+
Recommend 2 Positive 2 Negative 5 |
||||
|
||||
|
The HSI concluded the midday down 329 points or 1.3% at 25,697. The HSCEI fell 128 points or 1.4% to 9,174. The HSTECH dropped 127 points or 2.1% to 5,880. The total market turnover for the half-day receded to HKD128.142 billion. In the financial sector, HSBC HOLDINGS (00005.HK) edged up 0.3%. HKEX (00388.HK) lost 1.1%. AIA (01299.HK) eroded 2.4%. Among other stocks, POP MART (09992.HK) ended the midday up 4.2% at HKD261, with a turnover of HKD5.585 billion. Its 3Q25 revenue beat forecasts with a surge of 2.45-2.5 times YoY, prompting several brokers to raise their target prices. CHINA TELECOM (00728.HK) inched 0.4% lower, even though its 1-3Q25 net profit grew 5%. Citi noted its quarterly EBITDA exceeded market expectations. As gold prices experienced the largest single-day drop in over a decade, ZIJIN GOLD INTL (02259.HK) faded 2.2%. LINGBAO GOLD (03330.HK), ZIJIN MINING (02899.HK), ZHAOJIN MINING (01818.HK), and SD GOLD (01787.HK) also slid 3.5-3.8%. Gold jewelry retailers CHOW SANG SANG (00116.HK) and CHOW TAI FOOK (01929.HK) plunged 5.1% and 4.6%. LAOPU GOLD (06181.HK) sank 7.8% following a 4.5% discounted share placement to raise HKD2.707 billion net. Regarding tech stocks, JD-SW (09618.HK), TENCENT (00700.HK), and BILIBILI-W (09626.HK) waned 1.6-2.2%. KUAISHOU-W (01024.HK), BABA-W (09988.HK), and BIDU-SW (09888.HK) fell 2.6-2.9%. NTES-S (09999.HK) plummeted 5.2%. MEITUAN-W (03690.HK) slipped 0.8%. In addition, WEIMOB INC (02013.HK) lost 3.3%. JD HEALTH (06618.HK), PA GOODDOCTOR (01833.HK), and KINGSOFT (03888.HK) faltered 4-4.6%. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
