Zhitong Financial APP learned that Hong Kong stocks fell in shock. By the close, the Hang Seng Index was down 0.60% at 28790.27, the state-owned enterprises index was down 0.97% at 11321.14, and the red chip index was down 0.07% at 4250.85. The turnover in the market is 99.929 billion Hong Kong dollars.
The quota of southward connection between Shanghai and Hong Kong is 10.5 billion yuan, with a surplus of 8.325 billion yuan, inflow of 2.175 billion yuan. Shenzhen-Hong Kong links southward quota of 10.5 billion yuan, the remaining 9.9 billion yuan, inflow of 600 million yuan.
In the plate, the top three increases were chemical fertilizers, pesticides, footwear, and clothing accessories, up 2.08%, 1.84% and 1.54% respectively, while industrial equipment, e-commerce, the Internet and livestock meat fell by 3.00%, 2.98% and 2.96%, respectively.
Blue chips fell, with Ping An Insurance (02318), Tencent (00700) and Galaxy Entertainment (00027) falling 3.32%, 3.01% and 1.54% respectively.
In terms of individual stocks, the top three gainers were Pearl River Shipping (00560), Anwei Asia (00645) and Taiga Insurance (06161), up 19.35%, 15.89% and 15.63% respectively. The top three declines were BofA Group (03326), Guosheng Investment Equity (02913) and Titan Energy Technology (02188), down 25.38%, 23.81% and 17.53%, respectively.
The top three gains of Hong Kong stocks were Hengten.com (00136), Huayi Tencent Entertainment (00419) and Sinotrans Shipping (00368), up 10.34%, 9.38% and 6.91%, respectively. BYD Electronic (00285), Sunny Optical Technology (02382) and China Southern Airlines (01055), down 7.69%, 7.39% and 7.36%, respectively.
The hot stock, AVIC International Holdings (00161), rose 2.25% throughout the day to quote HK $9.56. AVIC International Holdings announced that the final offering price for the proposed spin-off of Shennan Circuit A shares is 19.3 yuan, while the final number of shares offered is 70 million A shares, and the net proceeds raised from the offering is 1.268 billion yuan. 002916.SZ A shares will be listed on the Shenzhen Stock Exchange on December 13, 2017.
Hengten.com (00136) rose 10.34% throughout the day to quote HK $0.32. Hengteng's share price has continued to pull back since the end of October, falling more than 34 per cent in the past 35 trading days. During this period, mainland funds continued to increase, and as of December 11, the proportion of mainland capital holdings rose to 6.04%.
Sunny Optical Technology (02382) fell 7.39% throughout the day to quote HK $110.30. Sunny Optical announced that November mobile phone camera shipments rose 43% from a year earlier, but decreased by 3% month-on-month. Nomura maintained a neutral rating on the stock, with a target price of HK $110, below the market price.
According to the analysis of the market, US stocks continued to strengthen overnight, and the Dow and the Standard Index closed at new highs, stimulating the stability of the ADR index of Hong Kong stocks, but although Hong Kong stocks closed positive for two days, trading volume was falling, and it fluctuated all the way after opening slightly higher today. The decline of Tencent and domestic insurance stocks led to the plunge of the Hang Seng Index. There were few hot spots in the market, and technology stocks fell sharply again. In contrast to A shares, the financial data released by the mainland in November beat expectations and were better than October, but the Shanghai and Shenzhen stock markets opened lower again and closed down, and turnover shrank further. Fortunately, southward funds continue to flow in, with obvious bottom intention, but the selection of plates and individual stocks shows the attitude of funds: Hong Kong stocks are bullish for a long time, and the short-term adjustment is not over yet-"there is wine today."