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<H Shrs>HSI Opens 74 Pts Higher, but KUAISHOU-W Craters 3%+; Financials Stabilize
Recommend 79 Positive 131 Negative 60 |
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The HSI opened 74 points or 0.29% higher at 25,875. The HSCEI opened 26 points or 0.29% higher at 8,966. The HSTECH opened 7 points or 0.14% higher at 5,534. Techs showed mixed performance. BABA-W (09988.HK) ticked up 0.2%, while MEITUAN-W (03690.HK) and BIDU-SW (09888.HK) added 0.9% and 0.6%. TENCENT (00700.HK) dropped 0.2%, while KUAISHOU-W (01024.HK) waned 3.3%, being the worst-performing blue chip, after the Company was attacked by the black market. It is currently repairing and addressing the issue, while having reported the matter to the police. XIAOMI-W (01810.HK) lost 0.3%. The Company will launch the Xiaomi 17 Ultra on Christmas Day, with Group President Lu Weibing vowing that the price will definitely increase. Financials stabilized. HSBC HOLDINGS (00005.HK) climbed 0.5% to $121.9, while AIA (01299.HK) lifted 0.2%. HKEX (00388.HK) ascended 0.9%. AASTOCKS Financial News Website: www.aastocks.com |
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