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<H Shrs>HSI Rises 165 Pts at Midday; HSBC HOLDINGS Hits New Highs; WUXI BIO Surges 6%+
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The HSI settled the midday up 165 points or 0.65% at 25,663. The HSCEI rose 44 points or 0.5% to 8,885. The HSTECH climbed 61 points or 1.1% to 5,480. The market's midday turnover amounted to HKD97.521 billion. TikTok and Oracle (ORCL.US) formed a US joint venture, with ByteDance retaining US e-commerce and advertising operations. Tech stocks made a moderate leap. BABA-W (09988.HK) inched up 0.8% at midday. JD-SW (09618.HK) dipped 0.5%. TENCENT (00700.HK), MEITUAN-W (03690.HK), and NTES-S (09999.HK) hiked 1.2-2.3%. BIDU-SW (09888.HK) and KUAISHOU-W (01024.HK) jumped 1-1.1%. BILIBILI-W (09626.HK) edged 0.8% higher. Chip makers SMIC (00981.HK) and HUA HONG SEMI (01347.HK) advanced 1.6% and 2%. In the automotive sector, BYD COMPANY (01211.HK) ended the midday flat. LI AUTO-W (02015.HK) soared 2.5%. XIAOMI-W (01810.HK) added 0.2%. XPENG-W (09868.HK) spiked 5.7%. Financial stock HSBC HOLDINGS (00005.HK) rose to a new post-interest high of HKD119.8 during trading. It closed the midday up 0.8% at HKD119.7. WUXI BIO (02269.HK) mushroomed 6.5% at midday, marking the largest increase among blue chips. Under the same series, WUXI APPTEC (02359.HK) shot up 2.7%. AAStocks Financial News |
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