Tencent Securities News (North Lane) the Hang Seng Index opened high and fell low this morning, falling nearly 400 points to as low as 30720 points in intraday trading. As of press time, the Hang Seng index fell 1.17% to 30750.97, while the state-owned enterprises index fell 1.43% to 12356.79. The turnover in the market is 24.623 billion Hong Kong dollars.
Blue chip stocksSino Land Co. Ltd.It fell 3.57% to HK $13.5, leading the decline in blue chips.AIA Group LimitedFell 2.21% to HK $61.9China Overseas Land & InvestmentFell 2.09% to HK $28.05Hong Kong Exchanges and ClearingIt fell 1.57% to HK $275.6.
The collective decline of inner housing stocksSunac ChinaFell 3.68% to HK $30.1China Evergrande GroupFell 2.69% to HK $23.50.China VankeFell 2.18% to HK $35.95Country GardenIt fell 2.45% to HK $13.52.
Chinese financial stocks fellChina Merchants BankFell 2.18% to HK $33.65Industrial and Commercial Bank of ChinaFell 2.29% to HK $6.83Bank of China Ltd.Fell 2.05% to HK $4.31China is at peaceFell 2.66% to HK $29.3China Pacific InsuranceIt fell 1.06% to HK $37.4.
Ping An Insurance(2318.HK) fell 1.96% to HK $85.2. last Wednesday, Ping An Insurance reduced its stake in Country Garden Holdings 18.82 million shares at an average price of HK $13.2117 per share, cashing out HK $249 million, according to the Stock Exchange. After completion, Ping An Insurance's shareholding dropped from 9.06% to 8.97%. In addition, Ping An Insurance also disclosed that he had bought more than 37.22 million shares on the 9th of this month.HSBC Holdings PLCThe average price per share is 79.3774 Hong Kong dollars, involving more than 2.95 billion Hong Kong dollars, and the shareholding has increased from 5.98 percent to 6.17 percent.
Expert comments:
Yaocai Securities Zhi Yaohui said that as the mainland is still closed and Hong Kong Stock Connect continues to be suspended, the direction of Hong Kong stocks is more easily dominated by the external atmosphere. At first glance, Hong Kong stocks have the opportunity to challenge the 31800-point level this round. Although market confidence has been restored, it is still wary of the earlier sharp fall in US stocks, so the holding ratio should not be too high for the time being. Of course, investors have always been very forgetful and may have forgotten the earlier fluctuations, but once the volatility increases again, investors also have to make their own risk management.