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New Consumer Stocks Mixed w/ LAOPU GOLD Rallying ~5%, POP MART Slipping 2%
Recommend 23 Positive 45 Negative 34 |
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The market was eyeing the progress of the US-China trade talks and the Fed's interest rate decision. After midday, the HSI last printed at 25,355, down 169 points or nearly 0.7%, with a turnover of HKD161.483 billion. New consumer stocks showed mixed performance. Stretching yesterday's upswing, LAOPU GOLD (06181.HK) once rose 5.1% to a peak of HKD787. It last traded at HKD784 after midday, up 4.67%, with a turnover of HKD1.25 billion. Meanwhile, POP MART (09992.HK) was last at HKD256.6, down 1.99%, with a turnover of HKD1.017 billion. MIXUE GROUP (02097.HK) last dropped 1.41% to HKD476.6, with a turnover of HKD66.8801 million. The previously hyped "Yarlung Tsangpo river hydropower project" concept stocks softened. HARBIN ELECTRIC (01133.HK), DONGFANG ELEC (01072.HK), HUAXIN CEMENT (06655.HK), and NE ELECTRIC (00042.HK) dipped 0.8-1.6%. AAStocks Financial News |
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