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<H Shrs>HSI Closes Soaring 595 pts; HSTECH Balloons ~4%; BIDU-SW Leaps 12%
Recommend 239 Positive 424 Negative 194 |
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The HSI ended the day up 595 points or 2.5% at 24,740. The HSCEI rose 249 points or 2.8% to close at 9,177. The HSTECH ballooned 232 points or 4%, closing at 6,105. The total market turnover for the day amounted to $285.935 billion. In the tech sector, BIDU-SW (09888.HK) surged over 12% to close at $103.3. BABA-W (09988.HK) and JD-SW (09618.HK) hiked 5.8% and 5.3% respectively. KUAISHOU-W (01024.HK) and BILIBILI-W (09626.HK) added 4.4% and 4.9%. TENCENT (00700.HK) and XIAOMI-W (01810.HK) gained 3.1% and 3.3%. XIAOMI-W will announce its results after the market close. MEITUAN-W (03690.HK) and NTES-S (09999.HK) advanced over 1%. In addition, KINGSOFT CLOUD (03896.HK) and Q TECH (01478.HK) rocketed 11% and 13%. TME-SW (01698.HK), HORIZONROBOT-W (09660.HK), GDS-SW (09698.HK), and NEW ORIENTAL-S (09901.HK) spiked 5.6-7.1%. WEIMOB INC (02013.HK), ALI HEALTH (00241.HK), KINGDEE INT'L (00268.HK), and SMIC (00981.HK) inclined over 4%. BYD ELECTRONIC (00285.HK) escalated 3.8%. NIO-SW (09866.HK) CEO William Li pledged to strive for profitability in 4Q25, boosting the company's stock price by 8.9%. BYD COMPANY (01211.HK) launched the Super e-Platform and aims to achieve fuel and electric parity in charging speed with a charging power of 1MW. Its stock price shot up 4.1%. GEELY AUTO (00175.HK) and LEAPMOTOR (09863.HK) ticked up 3.8% and 3.7%. LI AUTO-W (02015.HK) and GWMOTOR (02333.HK) mushroomed 6.8% and 5.3%. Car dealer ZHONGSHENG HLDG (00881.HK) soared 6.4%. In the financial sector, HSBC HOLDINGS (00005.HK) and HKEX (00388.HK) increased by 1.6% and 1.8%. AIA (01299.HK) applied to the Stock Exchange for the listing of US$18 billion medium-term notes and securities, lifting its stock price by 0.4%. CM BANK (03968.HK), BANK OF CHINA (03988.HK), and BANKCOMM (03328.HK) added 1.9-2.2%, while PICC P&C (02328.HK) and CHINA LIFE (02628.HK) rose 3% and 2.5%. AAStocks Financial News |
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