US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Xiaomi fell sharply on worsening covid pandemic in India.
The Hong Kong market opened slightly higher on Wednesday. Hang Seng index opened up 50 points, H share index up 2 points and technology index up 15 points. HSBC reported strong fir...
Reset
Send
The window will close in 5 seconds
Xiaomi fell sharply on worsening covid pandemic in India.
Analyst : Lun Sheung Nim (CEO, GEO Securities Limited)
2021/04/29 10:16
The Hong Kong market opened slightly higher on Wednesday. Hang Seng index opened up 50 points, H share index up 2 points and technology index up 15 points. HSBC reported strong first quarter results. Share price rose 3% for 69-point gain to lead the market. Alibaba rose 1.06% for 14-point gain. Tencent lost 0.64% for 18-point loss. Meituan lost 1.02% for 15-point loss. A shares opened down 0.54%. Shanghai composite index opened down 18 points. The market turned from gain to loss after opening only to gain again. Local properties fell. Link lost 1.4%. Henderson Land lost 1.4%. CK Assets lost 1.2%. Mainland properties also fell. CR Land lost 1.5%. Longfor lost 1%. China Overseas lost 0.7%. Alihealth lost 2.66% to lead the losers at opening. A major shareholder of OOIL made placement to raise money. Share price fell 11%. Metal stocks fell. Steelmakers fell. Angang lost 2.5%. Maanshan Iron lost 2.3%. Non-ferrous metal also fell. Jiangxi Copper lost 3.6%. Chalco lost 2.2%. IRC lost 5.2%. Internet stocks were mixed. Alibaba rose 2.3%. JD rose 4.2%. Bili Bili rose 3%. Trip.com rose 1%. However, Xiaomi lost 2.5%. Meituan lost 1.2%. Medical websites also were mixed. Alihealth lost 2%. PA Good Doctor lost 2.5% but JD Health rose 3.6%. Biotech stocks rose. Kintor rose 11%. Innovent rose 5%. Cardioflo rose 5.1%. A shares closed the morning down 0.04%. Shanghai composite index closed down 1 point. Hang Seng index closed the morning up 37 points, H share index up 1 point and technology index down 9 points. Turnover was $70 billion.

The market was little changed in the afternoon. Hang Seng index rose less than 100 points. HSBC rose 3.3% for 74-point gain. CCB rose 1.9% for 31-point gain. Alibaba rose 2.5% for 33-point gain. Xiaomi was hurt by the terrible covid19 pandemic. Share price fell 4.56% to lead the losers for 49-point loss. Meituan lost 1.34% for 20-point loss. The Mainland Government is expected to encourage childbirth. Related shares rose. JXR rose 6.1%. Goodbaby rose 6.7%. Education shares also rose. Sino Education rose 7.6%. New Higher Education rose 3.2%. Edvantage rose 3.2%. Yum Brands’ first quarter profit soared 2.7 times. Share price rose 5.5%. China Telecom plans to issue A shares. Share price rose 3%. Pharmaceutical shares rose further. Kintor rose 23%. Fosun Pharma rose 10%. Cansino rose 4.8%. Auto stocks were weak. Geely lost 4.2%. BYD lost 1.6%. Great Wall lost 2.4%. Most Kwaichung rose 1.3 times. Property management shares rose. Greentown Service rose 10%. Poly Property rose 8.8%. Kaisa Prosperous rose 7.6%. A Living rose 4.8%. A shares closed up 0.42%. Shanghai composite index closed up 14 points. Hang Seng index closed up 130 points, H share index up 31 points, and technology index up 16 points. Turnover was $136.3 billion.

Overnight, overseas markets were mixed. European markets edged higher. DAX rose 43 points; CAC rose 33 points and FTSE rose 17 points. US markets first rose but fell at the close. Dow Jones lost 164 points. S & P lost 3 points and Nasdaq lost 39 points. Hong Kong ADR’s rose 18 points. Night future rose 128 points. We expect the market to rise today.
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 11 March 2020.