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Hong Kong stock market afternoon review | The three major Indexes have all fallen, with the technology Index dropping by 0.49%; the 5G Sector and Lithium Battery Sector show strength against the trend, ZTE soaring over 7%, and BYD shares rising over 2%.
Network Technology stocks fell, with Alibaba-W dropping 1.48% and JD-SW declining 1.25%; Building Materials stocks generally declined, with CHINA TIANRUI falling 9.09% and CONCH CEMENT down 2.79%; Hong Kong Retail Stocks rose, with BONJOUR HOLD decreasing 4.74% and PRADA increasing 2.66%.
JD.com, Inc.'s (NASDAQ:JD) Institutional Investors Lost 9.6% Last Week but Have Benefitted From Longer-term Gains
Express News | JD.com Financial: On the first day of nationwide opening of personal Retirement accounts, there was a significant increase in user account openings and deposits.
Express News | Citigroup: A survey shows that subsidies are effective in driving demand for home appliances, and consumers are willing to spend more on travel.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Zhongfu Building and Zhongfu Antique City auctioned but were not sold, with a starting price totaling approximately 0.523 billion yuan.