Hong Kong stocks remained sluggish throughout the day, with the Hang Seng Index falling nearly 1% and the tech-heavy ChiNext Index performing poorly. The performances of new stock offerings varied, with the older company Golden Ridge rising nearly 73%, wh
After a morning surge, Hong Kong's three major stock indexes fluctuated and fell back, affected by the weakness of technology stocks, causing the Hang Seng Technology Index to widen its decline in the afternoon and ultimately close down 0.96%. The Hang Seng Index was basically flat, while the National Index rose slightly by 0.12%.
Goldman Sachs talks about 'China high dividend strategy': still undervalued.
Goldman Sachs analysts believe that Chinese dividend assets have not received sufficient attention. With the catalysts of policies, free cash flow, and interest rate cuts, the high dividend concept is expected to continue to rise, and the demand for dividend assets may become a structural long-term trend.
Midday glance: Hong Kong's three major indices all fell more than 1%, network technology stocks fell, Meituan and JD.com both fell more than 3%.
Semiconductor sector retraced, Shanghai Fudan fell more than 3%, Semiconductor Manufacturing International Corporation fell more than 2%; SenseTime temporarily turned to rise, intending to distribute about 1.67 billion shares at a price of HKD 1.20 per share; Evergr Vehicle rose more than 40%, after falling for 5 consecutive trading days.
Hong Kong stock market update: In the afternoon, the Hong Kong stock market fell further, with the Hang Seng Tech Index falling nearly 2%; Network technology and auto stocks performed poorly throughout the day, with Kuaishou falling more than 5% and Li Au
The three major indexes opened high and went low, presenting a one-sided decline all day. Hang Seng Tech Index fell sharply by 2% in the afternoon, eventually closing down 1.68%. The Hang Seng Index and the China Enterprise Index fell by 0.52% and 0.48% respectively, failing to continue the rising trend from yesterday.
Mid-year review | Hong Kong high-yield stock gains list released! Oil and bank stocks lead the way, Cosco Shipping Holdings and CNOOC rose by over 80% this year.
BOCI Securities recommends investors to closely monitor selected high dividend yield stocks in the telecommunications, banking, energy, electrical utilities, and construction sectors.
Intraday glance | Hong Kong stock index slightly down, semiconductor sector strong, Semiconductor Manufacturing International Corporation up more than 4%, Hua Hong Semiconductor up more than 3%.
Network technology stocks fell across the board; Kuaishou fell more than 4%, bilibili fell more than 2%; petroleum stocks rose across the board, with all three major oil companies rising more than 2%; shipping and ports stocks performed strongly, with Pacific Basin and COSCO SHIPPING Energy rising more than 4%.