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| HSI1 | 23,211.81 | 0.00 | -- |
| HSCEI1 | 7,802.09 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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2026-10-26 12:38:33 US stocks closed lower last Friday (23rd), with the DJIA slumping more than 600 points as surging oil prices weighed on the market, while declines in tech shares temporarily eased. Hong Kong stocks opened 63 points higher this morning (26th) before turning volatile. The market once fell as much as 84 points to a trough of 23,009 before stabilizing. The HSI closed midday at 23,193, up 100 points or 0.44%, with half-day turnover at HKD93.041 billion; the HSCEI rose 39 points or 0.5% to 7,795; the HSTECH fell 14 points or 0.37% to 3,857. Major active tech stocks showed mixed performance. MEITUAN-W (03690.HK) rose 3.14% after Citi said its 3Q26 results are broadly in line with expectations. NTES (09999.HK) gained 2.19% after Haitong International raised its non-GAAP net profit forecast by 6%. TENCENT (00700.HK) added 0.47%. BABA-W (09988.HK), XIAOMI-W (01810.HK), KUAISHOU-W (01024.HK), BIDU-W (09888.HK) and JD-SW (09618.HK) each fell less than 1%. Among blue chips, SINOPHARM (01099.HK) reported net profit of RMB5.314 billion for the first three quarters, with its shares rising 6.06% at midday, making it the best-performing blue chip. LENOVO GROUP (00992.HK) slid another 3.8%. CMOC (03993.HK) dropped 3% after Citi said its 3Q EBIT slightly missed expectations. SMIC (00981.HK) fell 1.91%. Brent oil futures rose 3.13% last Friday to USD116.72, a five-month high, while New York oil futures also climbed nearly 4%. Although international oil prices retreated more than 2% this morning (26th), Hong Kong-listed oil majors still advanced. SINOPEC CORP (00386.HK) rose 3.7%, PETROCHINA (00857.HK) gained 4.11%, and CNOOC (00883.HK) added 2.08%. Moonshot AI released the Kimi K3.1 Pro model with 3 trillion parameters, weighing on AI large-model stocks. MINIMAX-W (00100.HK), which had surged nearly 17% last Friday, retreated 9.38% today. Z.AI (02513.HK) fell 1.72%, while XUNCE (03317.HK) dropped 2.45%. Several gold mining stocks announced results successively. ZIJIN MINING (02899.HK) fell 5.84% at midday, the worst-performing blue chip, after Goldman Sachs cut its TP following earnings. CHIFENG GOLD (06693.HK) dropped 3.77% after 3Q profit fell 42% YoY to RMB550 million. ZIJIN GOLD INTL (02259.HK) lost 2.23%, ZHAOJIN MINING (01818.HK) declined 1.81%, and LINGBAO GOLD (03330.HK) dropped 3.64%. PCB stocks came under pressure. KB LAMINATES (01888.HK) tumbled 4.19%, KINGBOARD HLDG (00148.HK) fell 2.98%, DELTON (01989.HK) lost 5.25%, and HANS CNC (03200.HK) dropped 3.12%. Optical communication concept stocks also traded lower, with ZJ INNOLIGHT (03308.HK) down 3.58%, YOFC (06869.HK) falling 5.88%, and CIG (06166.HK) sliding 6.74%. Among individual stocks, LENS (06613.HK) reported a 50% drop in 3Q profit, while Morgan Stanley said the quarterly results missed expectations, sending the stock down 7.63% at midday. SUNART RETAIL (06808.HK), which issued a profit warning, fell 6.11%. SHIMAO GROUP (00813.HK) slumped 10.71% after saying the winding-up petition triggered a default event on offshore debt instruments totaling USD9.07 billion. TIANQI LITHIUM (09696.HK) rose 2.31% after 3Q net profit surged more than 13 times YoY. (mn/ad)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese 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. | |