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<HK Open>HSI Opens 14 pts Lower as JD-SW Leaps 3%; BILIBILI-W Rebounds Post-results
Recommend 79 Positive 132 Negative 57 |
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The HSI opened 14 points or 0.1% lower at 16,378. The HSCEI opened 3 points or 0.1% higher at 5,731. The HSTECH opened 10 points or 0.3% higher at 3,403. For financials, ICBC (01398.HK)'s 2023 net profit added 0.8%, and its share price opened flat at $3.97. CHINA LIFE (02628.HK)'s full year net profit fell 31%, and its share price slid 0.2% to $8.91. BANKCOMM (03328.HK) hiked 0.2% after its net profit rose 0.7% YoY in 2023. HSBC HOLDINGS (00005.HK) opened flat at $61.1, while HKEX (00388.HK) and AIA (01299.HK) dropped 1% and 1.9% each. For techs, BILIBILI-W (09626.HK) advanced 4.6% after it narrowed its loss to RMB4.822 billion in 2023, while BABA-SW (09988.HK) climbed 0.8%. TENCENT (00700.HK) opened flat at $302, while MEITUAN-W (03690.HK) also opened flat at $91.1. XIAOMI-W (01810.HK) lost 0.4%, while JD-SW (09618.HK) and BIDU-SW (09888.HK) gained 3% and 1.6%. NETDRAGON (00777.HK)'s full year net profit decreased 34%, and its share price opened flat at $11.86. For EV makers, NIO-SW (09866.HK) shed 1.1% after lowering its delivery outlook for 1Q24, while BYD COMPANY (01211.HK) and XPENG-W (09868.HK) waned 1.8% and 4.1%. AAStocks Financial News |
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