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| HSI1 | 23,093.37 | +158.69 | 249.78B |
| HSCEI1 | 7,756.25 | +67.06 | 87.14B |
| Back Zoom + Zoom - Block Traded | |
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2026-10-21 12:33:09 US stocks were mixed overnight. The DJIA closed up 529 points, while the S&P 500 gained 0.28%. Tech stocks were generally weak, with the Nasdaq edging down 0.02%. Elon Musk confirmed that a committee is studying the possibility of a merger between Space Exploration Technologies Corp. (SPCX.US) and Tesla, Inc. (TSLA.US). Space Exploration Technologies Corp. shares rebounded in after-hours trading, helping Nasdaq futures recover. This morning (21st), Hong Kong stocks opened 271 points higher and regained the 24,000 mark, but failed to sustain gains. At midday, the HSI stood at 23,784, down 83 points or 0.35%, with market turnover at HKD90.436 billion. The HSCEI was at 7,988, down 41 points or 0.52%, while the HSTECH was at 4,015, down 30 points or 0.75%. CATL (03750.HK) reported 3Q results below expectations, prompting multiple brokers to cut TP estimates. Its share price hit a new trough today and fell below the HKD400 level. At midday, the stock traded at HKD370.2, down 10.1%. Other lithium battery stocks also came under pressure. GANFENGLITHIUM (01772.HK) dropped 3.6%; BYD COMPANY (01211.HK) fell 2.85%; and CALB (03931.HK) declined 4.07%. Major active tech stocks showed mixed performance. TENCENT (00700.HK) closed the morning session at HKD402.4, down nearly 2%; MEITUAN-W (03690.HK) lost 1.77%; JD-SW (09618.HK) fell 0.77%; while XIAOMI-W (01810.HK) rose 0.22%. Among blue chips, CHINA MOBILE (00941.HK) dropped 2.61% at midday after Citi said the group's 3Q results slightly missed expectations. CHINA TELECOM (00728.HK) and CHINA UNICOM (00762.HK) also fell more than 2%. POP MART (09992.HK) lost 4.18%; LAOPU GOLD (06181.HK) slumped 3.75%; SUNNY OPTICAL (02382.HK) rose 3.15%; while LENOVO GROUP (00992.HK) rebounded 1.03%. Some biotech and pharmaceutical stocks strengthened, with BEONE MEDICINES (06160.HK) surging 4.08% and SINOPHARM (01099.HK) rising 3.25%. Some financial stocks performed well. HSBC HOLDINGS (00005.HK) gained 1.04%; CHINA LIFE (02628.HK) rose 1.3%; BOC HONG KONG (02388.HK) added 1.58%; and HKEX (00388.HK) climbed 0.7%. On individual stocks, MONTAGE TECH (06809.HK) jumped 7.88% after issuing a profit alert and forecasting up to 1.75x growth in 3Q net profit. NEW WORLD DEV (00017.HK) rose 1.2% after the final accepted amount under its note exchange offer reached USD199 million. (mn/u)~ 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. | |