HSI1 24,175.12 +144.94 339.59B
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HSI Narrow Gains in PM Trade; Multiple Recent IPOs Slump; DKE, QIYUNSHAN FOOD Each Plunge 30%
2026-07-10 15:03:25
China's three major A-share indices turned lower in the afternoon. The Shanghai Composite Index last dropped 0.7% to 4,007. The Shenzhen Component Index and the ChiNext Index decline about 1.9% and about 3.9% to 15,106 and 3,861 respectively. In Hong Kong, the HSI, after opening 183 points higher this morning (10th), extended gains and once reached a high of 24,499. Dented by A-shares, the benchmark index narrowed gains in the afternoon and last reported at 24,265, up 235 points or nearly 1%.

Multiple recent IPO stocks slumped. QIYUNSHAN FOOD (02797.HK), which was listed yesterday (9th), last reported at HKD14.16, down 32.57%, with turnover of HKD19.1935 million. The stock's IPO price was HKD8.

DKE (01770.HK), which was also listed yesterday, last reported at HKD56.1, down 29.87%. The stock's IPO price was HKD78.64.

RECONOVA (07656.HK), a mainland visual intelligence AI company listed the previous day (8th), last reported at HKD18.72, down 18.61%, with turnover of HKD96.7745 million. The offer price of the stock was set at HKD21.66.

CREALIGHTS (01191.HK), listed on June 29, last reported at HKD148.1, down 20.93%, with turnover of HKD99.6979 million. The stock's IPO price was HKD114.
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