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Samsonite's Sustainability Mission Reaches New Heights With Innovative Circular Luggage, Featuring Digital Product Passports
Market Overview | All three major indices fell, with the Tech Index down nearly 1.5%; most Network Technology stocks retraced, with Meituan falling over 5%; Biomedical stocks performed remarkably, with Asymchem Laboratories rising over 11%.
Network Technology stocks fell across the board, with JD-SW down 6.19% and MEITUAN-W down 5.15%; Pharmaceutical stocks rallied, with Asymchem Laboratories up 11.50% and INNOVENT BIO up 6.80%; Apple Supplier stocks declined overall, with AAC TECH down 2.88% and FIH down 2.74%.
Hong Kong Stock Afternoon Review | All three major indexes fell, the Hang Seng Index dropped below 22,000 points, falling over 1%; Network Technology stocks corrected, JD.com fell over 5%; Biotechnology stocks performed strongly against the trend, REMEGEN
Network Technology stocks fell, JD-SW dropped 5.29%, MEITUAN-W fell 4.85%; semiconductor stocks declined, HUA HONG SEMI dropped 3.72%, SOLOMON SYSTECH fell 2.44%; Digital Health stocks decreased, Dingdang Health dropped 2.99%, ALI HEALTH fell 2.74%.
Hong Kong stocks movement | SAMSONITE (01910) rose over 5% as trade war signals eased; the company derives 35% of its sales from North America.
SAMSONITE (01910) rose over 5%, as of the time of writing, it increased by 5.06%, priced at 14.96 HKD, with a transaction volume of 0.102 billion HKD.
Retail concept stocks rose slightly, Alibaba (09988) increased by 4.55%, and Institutions are Bullish on structural opportunities in the Consumer Sector.
Jingwu Financial News | Some retail concept stocks have risen, with Alibaba (09988) up 4.55%, Meituan (03690) up 1.54%, Samsonite (01910) up 2.06%, SA SA INT'L (00178) up 1.72%, MAOYE INT'L (00848) up 1.45%, JD.com (09618) and GIORDANO INT'L (00709) rising less than 1%. HTSC's research reports state that according to statistics bureau data, the total retail sales of consumer goods in March reached 4.1 trillion yuan, an annual increase of 5.9% (Wind's consensus expectation was 4.2%), with a growth rate that improved by 1.9% compared to January and February.
A package of policies to expand domestic demand is on the way! Guangdong, Shanghai, and other regions are planning to introduce the "Special Action Plan to Boost Consumer Spending."
According to Securities Times reporters, multiple regions are preparing to launch a new round of stimulus policies.