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<H Shrs>HSI Slips 229 pts at Midday; SMIC Up 4%, ALI HEALTH Stumbles 6%+
Recommend 44 Positive 64 Negative 27 |
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Spurred by a positive atmosphere from the meeting between Chinese and US leaders, US stocks fared well overnight (14th). However, major Asia-Pacific markets were broadly under pressure today (15th). The HSI opened 1 pt higher this morning but weakened thereafter, closing at 26,160 at midday, down 229 pts or 0.87%. Half-day turnover amounted to HKD151.149 billion. The HSCEI closed at 8,759 at midday, down 98 pts or 1.11%, while the HSTECH closed at 5,012, down 63 pts or 1.25%. After results, SMIC (00981.HK) was simultaneously endorsed by Morgan Stanley and BNP Paribas. The stock once mushroomed over 7% intraday and closed at HKD74.4 at midday, up 4.06%, making it the best-performing blue chip in the morning session. Its Co-CEO said the company has agreed with customers on price hikes for tight-supply products and expects gross margin to rise in 2Q26. HUA HONG SEMI (01347.HK), however, came under pressure after results, closing at HKD122, down 3.94%. Dotcoms were mixed. TENCENT (00700.HK) gained 1.08% in the half-day session. BABA-W (09988.HK), MEITUAN-W (03690.HK), NTES-S (09999.HK) and BIDU-SW (09888.HK) all sagged over 2%. BILIBILI-W (09626.HK) last quoted at HKD156.4 at midday, down 6.35%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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