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<HK Wrap-up>HSI Swells 148 pts, Led by MEITUAN, JD, as CHINA OVERSEAS Escalates 6%
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The HSI added 148 points or 0.9% to close at 16,541. The HSCEI hiked 82 points or 1.4% to close at 5,810. The HSTECH climbed 84 points or 2.5% to close at 3,477. Total market turnover for the day amounted to $117.257 billion. For techs, BILIBILI-W (09626.HK) narrowed its loss to RMB4.822 billion in 2023, and its share price shot up 8%. BABA-SW (09988.HK) gained 2.1%, while TENCENT (00700.HK), XIAOMI-W (01810.HK) and NTES-S (09999.HK) picked up 0.6% to 1.2%. BIDU-SW (09888.HK) and KUAISHOU-W (01024.HK) advanced 3.3% and 2.3%, while MEITUAN-W (03690.HK) and JD-SW (09618.HK) escalated 6.3% and 5.6%. GDS-SW (09698.HK) and KINGSOFT CLOUD (03896.HK) surged 12.5% and 6.4%, while XD INC (02400.HK) narrowed its non-IFRS loss to RMB34.12 million, and its share price leaped 2.1%. NETDRAGON (00777.HK) descended 8.4% after its full-year net profit dropped 34%. Telecom equipment stock ZTE (00763.HK) elevated 4%, while handset part stocks COWELL (01415.HK) and AAC TECH (02018.HK) rallied over 5%. Chinese developer CHINA OVERSEAS (00688.HK)'s full-year net profit inclined 10%, and its share price jumped up 6%. SUNAC (01918.HK) narrowed its loss to RMB7.969 billion in 2023, and its share price mounted 0.9%. AAStocks Financial News |
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