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<H Shrs>HSI Closes Up 326 Pts as BABA/ JD Gain; CATL Advances 5%+
Recommend 4 Positive 7 Negative 1 |
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The HSI lifted 326 points or 1.3% to close at the day's high of 24,825. The HSCEI climbed 133 points or 1.5% to close at 8,986. The HSTECH jumped up 89 points or 1.7% to close at 5,538. Total market turnover for the day amounted to $238.691 billion. For techs, JD-SW (09618.HK) leaped 3% after denying participation in a "zero-yuan purchase" food delivery war. BABA-W (09988.HK) and MEITUAN-W (03690.HK) mounted 2.9% and 1.4%. In addition, TENCENT (00700.HK) added 0.4%, while NEW ORIENTAL-S (09901.HK) and BIDU-SW (09888.HK) ticked up 1% and 0.5%. NTES-S (09999.HK) and KUAISHOU-W (01024.HK) ascended over 2%, while BILIBILI-W (09626.HK) elevated 4.1%. SMIC (00981.HK) inched up 1.7%. Moreover, EAST BUY (01797.HK) and KINGSOFT CLOUD (03896.HK) surged 12.8% and 8.7%, while KINGDEE INT'L (00268.HK) and MEITU (01357.HK) swelled 7.3% and 5.5%. Tesla announced its six-seat Model Y L will launch in China this fall. The market continued to anticipate the sales of NIO-SW (09866.HK)'s Onvo L90, boosting its share price to balloon 4.6%. BYD COMPANY (01211.HK) and XIAOMI-W (01810.HK) ticked up 2.1% and 1.5%, while battery stock CATL (03750.HK) escalated 5.6%. Lithium stock TIANQI LITHIUM (09696.HK) also hyped up 5.8%. For consumers, DAMAI ENT (01060.HK) and CR BEVERAGE (02460.HK) mushroomed 6.7% and 5.6%, while NONGFU SPRING (09633.HK) and YUM CHINA (09987.HK) shot up 3.7% and 3%. Casinos MELCO INT'L DEV (00200.HK) and MGM CHINA (02282.HK) cratered over 3%, while pharma HANSOH PHARMA (03692.HK) and WEIGAO GROUP (01066.HK) rallied 4.5%. AAStocks Financial News Website: www.aastocks.com |
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