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2023/02/01 16:32
The HSI regained its upward momentum after once eroding by 138 pts in the early stages of today’s session, and closed at 22,072, up 229 pts or 1.1%, on a turnover of $155.574 billion. The HSCEI inched up 135 pts or 1.8%, to close at 7,560. The HSTECH ballooned 153 pts or 3.4%, to close at 4,695. Tech shares shot up after a...
2023/01/31 16:29
The HSI closed down today as the investors anticipate results from the U.S. Federal Reserve's policy meeting and business results from large-cap U.S. tech firms, which will be released later this week. The HSI closed at 21,842, down 227 pts or 1%, on a turnover of $173.822 billion. The HSCEI eroded 71 pts or 0.9%, to close a...
2023/01/31 12:24
The HSI reversed the upward momentum and receded. The index contracted 280 pts or 1.3%, to close at 21,789 by midday, on a half-day turnover of $87.748 billion. The HSCEI dipped 94 pts or 1.3%, to 7,401. The HSTECH waned 72 pts or 1.6%, to 4,507. Tech names further edged down. BABA-SW (09988.HK) and TENCENT (00700.HK) tumbled 2....
2023/01/17 16:25
At close, the HSI stumbled 169 pts or 0.8% to 21,577; the HSCEI sank 36 pts or 0.5% to 7,314; and the HSTECH dipped 6 pts or 0.1% to 4,500. The full-day turnover shed to $126.72 billion. As to techs, BABA-SW (09988.HK) rose 1% to $114.5, as the market rumored that activist investor Ryan Cohen acquired BABA stakes and urged the c...
2023/01/17 14:32
Pharmaceutical stocks significantly underperformed the broader market today. KINTOR PHARMA-B (09939.HK), in particular, dropped below its 20MA and 10MA, once bottoming at $10.12 after midday. The stock last stood at $10.32, down 13%, on a volume of 18.43 million shares. SIMCERE PHARMA (02096.HK) likewise nosedived 13% to post at...
2023/01/17 12:25
At midday close, the HSI stumbled 219 pts or 1% to 21,527; the HSCEI sank 56 pts or 0.8% to 7,294; and the HSTECH dipped 29 pts or 0.6% to 4,477. The half-day turnover aggregated $66.732 billion. As to techs, BABA-SW (09988.HK) rose 0.4% to $113.9, as the market rumored that activist investor Ryan Cohen acquired BABA stakes and ...
2023/01/16 16:27
The HSI closed at 21,746, up 8 pts or 0.04%, on a turnover of $140.77 billion. The HSCEI slumped 40 pts or 0.6%, to close at 7,350. The HSTECH ebbed 48 pts or 1.1%, to close at 4,506. Smartphone-related stocks were broadly brisk over today’s session. SUNNY OPTICAL (02382.HK), favored by Goldman Sachs for its potential to h...
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