Hong Kong stocks closed (10.09) | Hang Seng Index fell by 1.38%, brokerages, infrastructure, shipping stocks continued to decline. Meituan-W (03690) rose against the trend.
The State Council Information Office will hold a press conference on Saturday at noon to introduce the relevant situation of "increasing the intensity of fiscal policy countercyclical adjustment and promoting high-quality economic development". The three major Hong Kong stock indexes rebounded in the afternoon, with all of them falling more than 3% in the early session, but then falling back again in the late session.
Sudden Impact | Xpeng's Hong Kong stock rose nearly 6%, Xpeng P7+ will debut tomorrow, September sales hit a record high.
xpeng's stock is up nearly 6%, rising over 12% in early trading. As of the time of writing, it is up 5.77% to HK$47.6, with a turnover of 1.397 billion Hong Kong dollars.
HK Stock Market Watch | xpeng-W(09868) is now up more than 6%. xpeng P7+ will debut tomorrow. September sales hit a record high.
Xpeng-W (09868) rose more than 6% now, once rose more than 12% in the morning. As of the time of publication, it is up 6.22%, trading at 47.85 Hong Kong dollars, with a turnover of 1.371 billion Hong Kong dollars.
U.S. stock market closing: nvidia carries the banner of the new high charge, with Chinese concept stocks falling slightly less than Hong Kong stocks.
①Nvidia holds up the banner of the US stock market, with the S&P 500 index only 10 points away from its historical high; ②Nasdaq China Golden Dragon Index fell by 6.85%, with Chinese concept stocks showing a slightly smaller decline than Hong Kong stocks; ③Microsoft and OpenAI show off receiving Nvidia's B200 chip server; ④Research companies predict: Apple may launch a smart ring.
Express News | Minister of Commerce Wang Wentao had a phone call with US Secretary of Commerce Raimondo, with Wang Wentao expressing serious concerns about US semiconductor policies towards China and restrictions on Chinese internet-connected vehicles.
Shares of US-listed Chinese Stocks Are Trading Lower After Chinese Planning Officials Reportedly Fell Short of Investor Stimulus Expectations.