Beishui continued to increase holdings in China Mobile by more than HKD 0.5 billion, and sold nearly HKD 0.2 billion in Industrial and Commercial Bank of China. Nanshui bought more than RMB 0.2 billion China Yangtze Power.
On Wednesday, August 14th, southbound funds had a net sell-out of HKD 1.041 billion in Hong Kong stocks. Wuxi Bio and Xiaomi Group had a net purchase of HKD 60.74 million and HKD 59.3 million, respectively. Tracker Fund of Hong Kong and CSOP Hang Seng Tech Index ETF suffered a net sell-out of HKD 1.47 billion and HKD 0.54 billion, respectively.
Hong Kong Market Quick Look | Hong Kong stocks fell further in the afternoon, with the Hang Seng Index falling nearly 1%, Tencent Music falling over 18%; biotechnology and pharmaceutical stocks fell across the board, with Wuxi Apptec and Hansoh Pharma fal
The three major stock indexes in Hong Kong opened high and fell low, presenting a weak trend throughout the day, with trading in the market continuously shrinking. At the close, the Hang Seng Index and the Guo Index fell by 0.35% and 0.4% respectively. The Hang Seng Tech Index fell the most in the afternoon with a drop of 1.3% and ultimately closed with a decline of 0.99%.
Hong Kong stock market noon review | The three major indices opened high and fell, NetEase fell nearly 4%, Tencent Music fell more than 17%; biotechnology stocks fell, Wuxi Bio and Wuxi AppTec fell nearly 4%.
During the morning session of the Hong Kong stock market, the three major indices opened higher but fluctuated downward. As of noon, the Hang Seng Index and the SSE Composite Index fell by 0.36% and 0.43% respectively, and the Hang Seng Tech Index fell by 0.79%, showing the weakest performance.
Intraday Quick Look | Hong Kong stocks opened high and fell low, the technology index fell nearly 1%, network technology and gaming stocks weakened, tencent music fell over 17% after the results.
Most network technology company stocks fell, with Netease falling more than 4%, Tencent falling nearly 2%, Ctrip Group falling more than 1%, while SenseTime, Meituan and others followed suit; Baidu and Bilibili saw a slight increase.
Hong Kong Stock Market Opening: Hang Seng Technology Index opened up 0.52%. Institutions: Hong Kong stocks are expected to receive more attention from capital.
On August 14th, the three major stock indices in Hong Kong collectively opened higher, with the Hang Seng Index up 0.35%, the Hang Seng Tech Index up 0.52%, and the Hang Seng China Enterprises Index up 0.41%.
Futu Morning News | Magnificent 7 tech giants all rose! Nvidia rose for 4 consecutive days, with a market cap soaring by $400 billion; much attention was paid! Tencent's financial report and US CPI data will be released today.
The increase in US July PPI was lower than expected, and traders increased their bets on the Federal Reserve's loose policy; Federal Reserve's Bullard: more data is needed before cutting interest rates, to ensure that there will not be forced rate hikes after the first cut; Morgan Stanley strategist: US stocks will not enter a bear market and will also be difficult to break through the high.