Futu News reported on December 1 that the three major indices of Hong Kong stocks fell collectively. The Hang Seng Technology Index fell 1.58%, and the Hang Seng Index and the National Index fell 0.69% and 1.01% respectively.
As of midday, Hong Kong stocks had risen 564 shares, down 1,063 shares, and closed at 1,343.
In terms of sectors, the Internet of Science and Technology stocks were weak across the board. Meituan fell nearly 3%, Xiaomi fell more than 2%, Tencent and Kuaishou fell more than 1%, and Ali and Baidu fell nearly 1%.
Automobile industry chain stocks declined collectively. MeiDong Auto fell by more than 17%, Zhongsheng Holdings by more than 6%, Xiaopeng Motor by more than 5%, and Geely by nearly 3%.
Semiconductor stocks weakened. Shanghai Fudan and Jingmen Semiconductor fell by more than 4%, Huahong Semiconductor by nearly 4%, and SMIC by more than 3%.
Some education stocks have strengthened again. Thinking Le Education has surged by more than 18%, Chengshi Foreign Education has risen by nearly 14%, China Oriental Education has risen by nearly 4%, and Chalk has risen by more than 3%.
Coal stocks were active against the market. Power Development rose more than 3%, Yankuang Energy and China Coal Energy rose more than 2%, and Yancoal Australia rose nearly 2%.
Other aspects, domestic housing stocks opened high and low, while home appliance stocks, Apple concept stocks, pork concept stocks, and restaurant stocks fell one after another; some Chinese medicine stocks, shipping stocks, and domestic insurance stocks were active.
In terms of individual stocks,$MEITUAN-W (03690.HK)$Falling nearly 3%, J.P. Morgan downgraded Meituan's rating to neutral and cut the target price to HK$100.
$WHARF HOLDINGS (00004.HK)$It rose more than 7% and was officially included in the MSCI Hong Kong Index. The adjustments will take effect after the market closes on November 30, 2023.
$MEIDONG AUTO (01268.HK)$It fell by more than 17%. In November, automobile sales fell month-on-month, and the car dealers' inventory warning index rose month-on-month.
$FENBI (02469.HK)$It rose more than 3% and was included in the MSCI China Index. Institutions are optimistic that the company will continue to expand its share.
$CSPC PHARMA (01093.HK)$The increase was more than 3%, net profit increased sharply in the first three quarters, and SYH2053 injection was approved for clinical trials.
$WUXI XDC (02268.HK)$With an increase of more than 7%, up more than 49% from the IPO price, the company is the supplier with the second largest market share of ADC CDMO in the world.
Top 20 half-day turnover
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