Futu News reported on April 12 that the three major indices of Hong Kong stocks continued to decline. As of press release, the Hang Seng Index had fallen 1.49%, the Science Index had fallen 1.10%, and the National Index had fallen 1.29%.
On the sector side, the majority of TechNet stocks declined. Ali, NetEase, Kuaishou, JD, and Baidu fell about 2%, Tencent and Meituan fell about 1%, and Xiaomi reversed the market by about 2%.
Gold stocks reversed the market. Zhaojin Mining rose more than 7%, China Gold International rose more than 5%, Shandong Gold rose more than 4%, and Zijin Mining rose nearly 2%.
Domestic insurance stocks had the highest declines, with China Ping An falling nearly 4%, AIA falling more than 3%, China Life Insurance and China Financial Insurance falling about 2%, and China Taibao falling more than 1%.
In terms of individual stocks,$XINJI SHAXI (03603.HK)$The resumption of trading rose by nearly 87%, and 14.16% of the company's shares held by the controlling shareholder were forcibly sold.
$ZHAOJIN MINING (01818.HK)$It rose more than 7%. The US PPI suspended inflationary anxiety in March, and the price of gold reached a record high.
$XIAOMI-W (01810.HK)$With an increase of more than 2%, Damo listed the company as the preferred recommendation, with a target price of HK$20.
editor/tolk
