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<H Shrs> HSI Opens Up 18 pts; BIDU-SW (09888.HK) Soft After Results; STANCHART (02888.HK) Up Over 2%
Recommend 48 Positive 64 Negative 21 |
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The three major US indices showed mixed performance overnight (18th). Tech stocks saw profit-taking, while the DJIA was volatile, rising by as much as about 235 points in early trading before trimming gains to close up 159 points at 49,686, up 0.32%. The S&P 500 closed at 7,403, down 5 points or 0.07%. The Nasdaq closed at 26,090, down 134 points or 0.51%, with both indices falling for a second consecutive session. The HSI opened at 25,693, up 18 points or 0.07%. The HSCEI opened at 8,592, down 5 points or 0.07%. The HSTECH opened at 4,838, down 6 points or 0.14%. Among major tech stocks, BIDU-SW (09888.HK) reported a 55% YoY decline in 1Q net profit to RMB3.445 billion, opening down 0.15% at HKD134.5. TENCENT (00700.HK) opened at HKD449.2, flat. MEITUAN-W (003690.HK) opened at HKD81.55, down 0.73%. BABA-W (09988.HK) opened at HKD130.5, down 0.91%. BILIBILI-W (09626.HK) announced its results today, opening up 2.06% at HKD153.7. Among individual stocks, STANCHART (02888.HK) announced new medium-term targets, supporting a payout ratio of at least 30% and a progressive increase in DPS. The stock opened up 2.44%. LENS (06613.HK) opened 3.48% higher after announcing it would spend over HKD730 million to acquire more than a 27% stake in JU TENG INTL (03336.HK). TRANSTHERA-B (02617.HK) conducted a share placement at an 18% discount, raising net proceeds of HKD150 million. Its shares opened down 4.86% at HKD47.38. HINSANG GROUP (06893.HK) appointed Ma Chun Wai, former CEO of Metro Broadcast, as vice chairman. The stock opened up 14.71% at HKD0.156. (mn/a) 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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