Home » Business » Hong Kong Stocks Experience Significant Drop While US Stocks Perform Well

Hong Kong Stocks Experience Significant Drop While US Stocks Perform Well

US stocks performed well, while Hong Kong stocks fell more than 300 points. The Hang Seng Index opened 229 points lower, and then it went downwards repeatedly. In the afternoon, it fell more than 400 points, reaching a low of 19112 points. The Hang Seng Index fell 353 points to close at 19184 points, losing 250 days and 50 days, with a turnover of 104.6 billion yuan. The benchmark index fell 2.8 percent to 4374 points.country garden (02007)
Falling more than 14%, Country Garden Services (06098)
It fell nearly 10%, ATM fell more than 1% to 3%, and two barrels of oil bucked the trend and rose.

The dynamics of US stocks are constantly updated. For details, please see:【Next page】

Dahong report:

[Reputable Bank Report|HSBC]HSBC was upgraded by JPMorgan to “overweight” and the target price was raised by 21% to 80 yuan. How big is the repurchase scale this year?

【Report from a leading firm|Pharmaceutical stocks】Daiwa’s analysis of pharmaceutical and medical device stocks hit by anti-corruption work and the other two sub-sectors may be spared

Financial Journal:

▼Click on the picture to enlarge +10 +9

Current market trend:

[16:10]Country Garden (02007)
Falling more than 14%, Country Garden Services (06098)
Dropped nearly 10%, ATM fell more than 1% to 3%, two barrels of oil bucked the trend and rose, the Hang Seng Index fell 353 points to close at 19184 points, lost 250 days (19297 points) and 50 days (19185 points), and the turnover was 104.6 billion yuan . The benchmark index fell 2.8 percent to 4374 points.

[16:00]The Hang Seng Index fell 336 points to 19201 points before the U disk.

[15:44]NIO (09866)
The end of the market fell by half, ideal car (02015)
Xpeng Motors (09868)
down nearly 4%.

[15:42][Inside Housing Crisis]Fitch: The long-term plan to transform urban villages in big cities may benefit large state-owned real estate companies. Pay attention to the high resettlement costs and long duration

[15:25]Jingcheng Electromechanical (00187)
It went against the market and rose 20% in the late market, with a high of 3.4 yuan.

[15:16]The Hong Kong stock market fell about 370 points in the late market to 19167 points, falling below the 50-day moving average (19185 points), and the KSCI fell 2.8% to 4375 points.

[15:09][MPF]GUM: The per capita income of MPF was 6864 yuan in July, and these two stock funds performed best

[14:46]Huitao Group, which lost more than 90% of its value yesterday (08238)
the stock price rebounded 37% today, with a high of 0.141 yuan.

【14:44】Oriental Selection (01797)
It continued to retreat 7%, reaching a low of 35.1 yuan.

[14:40][Automotive stocks]BYD Geely fell 3%, many car companies officially announced price cuts in August, and the price war in the second half of the year may come again

[14:32]Country Garden (02007)
The decline intensified, the latest fell more than 15%, as low as 1.12 yuan, Country Garden Services (06098)
It also fell by 10%, as low as 8.03 yuan.

[14:28][Domestic Real Estate Crisis]Chen Qizong: Real estate developers who have not experienced two or three big cycles are unreliable. “You have survived the past 30 years because the government does not want you to go bankrupt.”

[14:26]Country Garden (02007)
The latest fell nearly 13%, as low as 1.15 yuan.

[14:26]Hong Kong stocks fell more than 400 points in the afternoon, as low as 19112 points, and the latest was 19178 points, down 359 points.

[14:25]Evergrande Property (06666)
Evergrande (00708)
fell 15% respectively.

[13:33]Country Garden (02007)
The decline extended to 10%, reaching as low as 1.18 yuan. Country Garden’s domestic bonds collectively fell sharply. “21 Bland 03” fell by more than 28% and stopped temporarily. The decline was more than 10%.

【13:12】Longhu (00960)
Country Garden (02007)
fell 9%, Rundi (01109)
Down 4%, Agile (03383)
Falling more than half into a bottom, China Overseas (00688)
fell more than 2%.

[13:11]BYD (01211)
It fell more than 3% in the afternoon, Geely (00175)
GAC (02333)
fell more than 2%, GAC (02238)
fell more than 1%.

[13:00]Brilliance China (01114)
the same system Xinchen Power (01148)
Trading resumed, Brilliance China fell nearly 5%, and Xinchen Power has not yet traded.

[13:00]Hong Kong stocks fell by about 270 points in the early afternoon to 19268 points, and the KSCI fell 2.3% to 4397 points.

[12:31][Wang Jianlin’s]Wanda Group Senior Vice President Liu Haibo has been taken away by the public security organs

[12:17][Brilliance 1114]Chairman Wu Xiaoan was released on bail after being detained by the ICAC

[12:07][Pharmaceutical Supervision]Three Chinese pharmaceutical companies stabilized after the sudden diarrhea of ​​Chinese medicine. Three pharmaceutical companies have taken 4 billion yuan of funds in the past 3 years, involving Chinese traditional medicine and Livzon Group.

[12:00]The Hang Seng Index fell 267 points in half a day to 19270 points, falling below the 250-day moving average, with a turnover of 54.3 billion yuan. The benchmark index fell 2.1 percent to 4403 points. ATM fell by more than 1% to 2%, the inner room fell, Longfor (00960)
Plunged 9%, HSBC (00005)
Against the trend, it rose 0.6%, pharmaceutical stocks continued to fall, and three barrels of oil rose by more than 1% to 2%.

[11:45]Hong Kong stocks fell about 260 points to 19,278 points before the market closed at noon, and the KSCI fell 2.1% to 4,406 points.

[11:45][Ant rectification]After the valuation of Ant Group has shrunk by more than 70%, investors such as Carlyle and GIC are reported not to participate in stock repurchases

[11:19]In July, the mainland’s exports in US dollars fell by 14.5% year-on-year, and the decline increased by 2.1 percentage points from the previous month; imports fell by 12.4% year-on-year, and the decline expanded by 5.6 percentage points.

[10:51]Three barrels of oil continue to rise against the market, PetroChina (00857)
CNOOC (00883)
Respectively rose more than 1%, Sinopec (00386)
rose nearly 1%.

[10:41]The decline of the Hang Seng Index further narrowed to about 200 points, and the 250-day moving average was lost.

[10:36]Lianya Group (00458)
It is expected to turn losses in the mid-term, earning 65 million to 85 million yuan, and the stock price has risen by 84%, reaching a peak of 1.5 yuan. Only 2 transactions were involved.

[10:23]The decline in the market narrowed slightly to about 300 points, to 19,230 points, down 307 points, and the KSCI fell 2.1%, to 4,405 points.

[10:18]Evergrande Property (06666)
It fell another 8%, reaching a bottom of 0.92 yuan.

【10:10】Longhu (00960)
The latest fell more than 6%, as low as 17.5 yuan.

[10:00]The Hang Seng Index recently fell nearly 400 points to 19150 points, down 387 points, and the KCI fell 2.7% to 4377 points.

[09:58][Hong Kong Science and Technology Discovery]Hong Kong Science and Technology Discovery rose about 2% against the market. HKTVmall’s July GMV increased by 12.2% year-on-year. A new round of consumer coupons and promotional activities stimulated a significant increase in user traffic

[09:57]Meituan (03690)
Jingdong (09618)
It was last down nearly 4%.

[09:54]Qiu Titanium (01478)
After the results, it bucked the trend and rose 0.6%, reaching a high of 3.34 yuan. Qiutai Technology’s interim net profit was 20.802 million yuan, down 87.5% year-on-year,

[Mobile device stocks]Qiutai Technology’s interim net profit fell 87.5% to 20.8 million yuan, and the decline was strong. The profit warning guides the gross profit rate to continue to drop to 3.4%.

[09:47]Meituan (03690)
Jingdong (09618)
The latest fell more than 3%, Tencent (00700)
Alibaba (09988)
Fell nearly 2%, Xiaomi (01810)
fell more than 1%.

[09:47][ZTE 763]ZTE rebounded 2% against the market. Jeffrey: The stock price fell sharply yesterday due to the influence of political noise in the United States, and reiterated that ZTE is not on the blacklist

[09:44]Ajisen who made a profit a few days ago (00538)
, the stock price rose by more than 7% this morning, reaching a peak of 1.2 yuan. Ajisen expects an interim profit of about 80 million to 140 million yuan, compared with a loss of about 100 million yuan in the same period last year.

[09:42]The Hang Seng Index fell more than 300 points after the market opened, reaching a low of 19,185 points, and the latest was 19,257 points, a drop of 280 points, falling below the 250-day moving average.

【09:40】WuXi Biologics (02269)
It continued to fall by more than 3%, reaching a low of 42.2 yuan.

【09:37】China and Overseas (00688)
wet ground (01109)
Fall more than 2%, Country Garden (02007)
fell 3%, Agile (03383)
Falling nearly 2% broke the bottom, Longfor (00960)
fell more than 4%.

【09:35】FIT HON ​​TENG (06088)
After the market opened, the decline extended to nearly 10%, reaching a low of 1.09 yuan.

[09:34]Nine Sets (01997)
The decline did not stop, and the stock price fell by more than 3%, reaching a low of 35.25 yuan in the early session.

[Harbour City’s parent company]Jiuzhi Wu Tianhai: The retail market peaked in March and April, and then went down the stairs to Hollywood Plaza.

【09:27】FIT HON ​​TENG (06088)
Opened 4% lower after the results. Hongteng Precision made a mid-term loss of about 8.952 million US dollars, compared with a profit of 85.117 million yuan in the same period last year, and no interim dividend was paid.

[Performance︱Mobile phone equipment stocks]Hongteng Precision’s mid-term revenue fell 15.1%, and the half-year loss was US$8.95 million. Short-term smartphone components continued to slow down

[09:26]Xiabu Xiabu (00520)
Profit announcement, but stock price opened nearly 4% lower. Xiabu Xiabu expects revenue in the first half of the year to be 2.846 billion yuan, an increase of 32% year-on-year; net profit is 2 million yuan, compared with a loss of 278 million yuan in the same period last year.

【Yingxi︱Restaurant stocks】Hot pot chain Xiabuxiabu opens 4% lower, expects to turn losses into profits and earn 2 million yuan in the mid-term

[09:25]HSBC (00005)
Against the market, it stabilized and rose nearly 0.1%.

【09:21】ATM fell, Meituan (03690)
fell more than 2%, Tencent (00700)
fell nearly 2%, Alibaba (09988)
Falling more than 1%, the Hang Seng Index opened 229 points lower and opened at 19308 points, falling below the 20-day moving average (19334 points), and the KSCI fell 1.9% to 4414 points.

[09:13]The futures index opened at 19380 points, down 147 points.

【09:04】【Interior property sales】Agile’s pre-sales dropped 55% year-on-year last month

[08:41]China Telecom (00728)
ideal car (02015)
Fortune REIT (00778)
Wait for results announcement.

[08:38]The Hang Seng Index futures fell by about 117 points to 19409 points, and the Dow futures rose 4 points to 35558 points.

【07:45】[Performance|Birth Sciences]Zai Lab’s loss narrowed by 12.3% in the last quarter, and product revenue increased by 45% year-on-year

【07:45】【Performance Outlook│1810】UOB Kay Hian: It is expected that Xiaomi’s adjusted net profit will rebound sharply in the second quarter, and the target price will be raised to 13.6 yuan. Destocking has been completed during the period, but there is no obvious sign of recovery in consumption

[07:45][Morning Highlights]Credit Suisse Hong Kong has reportedly laid off about 80% of its investment bank staff starting this week︱Jiuzhi Wu Tianhai: The retail market peaked in March and April and then climbed down

[07:45]Hong Kong stock ADR closed at 19440 points, down 97 points or 0.5%.HSBC (00005)
ADR was equivalent to 64.83 yuan, 0.88 yuan or 1.4% higher than the closing price in Hong Kong.Tencent (00700)
ADR was equivalent to 336.03 yuan, 5.17 yuan or 1.5% lower than the closing price in Hong Kong.alibaba (09988)
ADR was equivalent to 94.24 yuan, 1.36 yuan or 1.4% lower than the closing price in Hong Kong.

More Hong Kong stock ADR and Chinese stocks quotes:

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[07:30]The market’s confidence in the soft landing of the U.S. economy has improved. It is expected that the core CPI in July will hit the smallest consecutive increase in two and a half years. The index rose 407 points to 35473 points; the index rose 40 points to 4518 points; the Nasdaq rose 85 points or 0.61% to 13994 points.

Watch the US stock market close:

▼Click on the picture to enlarge +7 +6

For details of the previous day’s market conditions for Hong Kong stocks:[Hang Seng Index Night Futures + ADR]The night market closed down 115 points and Tencent’s ADR was 2% lower than that of Hong Kong (continuously updated)

[Shi Sir’s one-week outlook and abnormal stocks]ZTE, Samsonite, Ascentage Pharma and dismantled the violent stock Huitao Group

Shi Sir’s one-week outlook and changes in stocks

[Shi Sir’s one-week outlook and abnormal stocks]ZTE, Samsonite, Ascentage Pharma and dismantled the violent stock Huitao Group

Responsible editor: Liang Haoshuo

2023-08-08 08:12:00
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