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<Midday Wrap-up>HSI Mounts 267 pts as Techs, CN Consumers Rise; MEITUAN, JD Swell 7%
Recommend 150 Positive 263 Negative 161 |
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The HSI hiked 267 points or 1.6% to 16,660 at midday. The HSCEI climbed 125 points or 2.2% to 5,853. The HSTECH gained 129 points or 3.8% to 3,523. The total half-day turnover of the market amounted to $60.503 billion. For techs, BILIBILI-W (09626.HK) narrowed its loss to RMB4.822 billion in 2023, and its share price rallied 9.2%. BABA-SW (09988.HK) elevated 3.2%, while TENCENT (00700.HK) and XIAOMI-W (01810.HK) picked up 2.2%. BIDU-SW (09888.HK) and KUAISHOU-W (01024.HK) leaped 4.5% and 4.8%, while MEITUAN-W (03690.HK) and JD-SW (09618.HK) swelled 7.2% and 6.8%. GDS-SW (09698.HK) rebounded 14.5%, while XD INC (02400.HK) and KINGSOFT CLOUD (03896.HK) escalated 5.6% and 7.1%. CHINASOFT INT'L (00354.HK), WEIMOB INC (02013.HK) and SENSETIME-W (00020.HK) mounted over 4%, while NETDRAGON (00777.HK) dipped 7% after its full-year net profit fell 34%. Telecom equipment stock ZTE (00763.HK) advanced 4.7%. Consumers surged. LI NING (02331.HK), HAIDILAO (06862.HK) and TONGCHENGTRAVEL (00780.HK) jumped up over 5%, while HAIER SMARTHOME (06690.HK) and JIUMAOJIU (09922.HK) hyped up over 7%. CTG DUTY-FREE (01880.HK) spiked 8.3% after its full-year net profit increased 33%. For pharma, WUXI series WUXI BIO (02269.HK) and WUXI APPTEC (02359.HK) shot up 7.6% and 4.3%, while CMS (00867.HK) collapsed nearly 30% after its net profit declined 26% in 2023. SSY GROUP (02005.HK) soared 11.8%. AAStocks Financial News |
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