China's official manufacturing PMI rose to 50.1 in January, and non-manufacturing PMI rose to 54.4. However, the Asia-Pacific stock market was under pressure today, and HSI lost 10 antennas. In the afternoon, the decline expanded to 362 points or 1.6% to 21,707, with a total turnover of $109.2 billion. In addition, the index and the Chinese index repeatedly fell by 2% and 1.6% to 4,489 and 7,372 each.
Blue chips generally repeatedly downward, especially Sunny (02382.HK) fell below 10 antennas, the minimum is 103 yuan, reported 103.4 yuan, fell 5.6%. Ali (09988.HK), Baidu (09888.HK), Tencent (00700.HK) and Jingdong (09618.HK) continued to decline 2.8% -3.1%, Tencent and Jingdong reported $375.2 and $230 respectively.
Property stocks reported 2.5%-5.9% from SHKP (00016.HK), Henderson Land (00012.HK), New World (00017.HK), China Overseas (00688.HK), Longfor Lake (00960.HK), Land (01109.HK) and Hang Lung Properties (00101.HK) reported 2.5%-5.9%, Land and Hang Lung Properties reported $37.7 and $14.66 respectively, falling 4.1%% -5.9%.
The pharmaceutical related stocks sold more than 3%-4% under pressure on Pharmacopharmaceutical (02269.HK), Shek Pharmaceutical (01093.HK) and Sinopharmaceutical (01177.HK).
The share price fell 2.2% -2.9% by selling pressure on China Merchants Bank (03968.HK) and HKEx (00388.HK).
However, BYD (01211.HK), which is expected to earn more than four times in the year, has risen 4.8% high to see a five-month high of $251, now at $245.8, rising 2.6%. Xiaomi (01810.HK), Lenovo Group (00992.HK) and Sands China (01928.HK) recovered more than 1%.