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HSI Deepens Slide to 460 Pts Led by Heavyweights, Missing 24,700; 3 Oil Giants Rally
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431
Negative
286
2020/08/06 11:00
Missing 10 MA and 50 MA (24,748 and 24,792), Hang Seng Index deepened the slide to 460 pts or 1.8% to 24,642, on turnover of $62.5 billion.

Nearly all bluechips were wiped out, falling over 1%-2%. Heavyweights TENCENT (00700.HK), AIA (01299.HK), HSBC HOLDINGS (00005.HK) and HKEX (00388.HK) retreated 2%-3%. TENCENT was the hardest-hit, diving 3% to $544.

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However, the three oil giants advanced 0.7%-1.1%.
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