Futu News reported on April 19 that the three major indices of Hong Kong stocks fell sharply. As of press release, the Hang Seng Index had fallen 1.44%, the Science Index had fallen 2.76%, and the National Index had fallen 1.41%.

On the sector side, TechNet stocks generally fell, Meituan fell nearly 5%, Xiaomi fell more than 4%, Ali and Kuaishou fell nearly 3%, JD, Bilibili, and Baidu fell nearly 2%, and Tencent fell more than 1%.

Auto stocks fell sharply, with Ideal Auto and Xiaopeng Motors falling nearly 7%, Zero Sports Auto falling more than 5%, and Great Wall Motors falling nearly 4%.

Petroleum stocks rose; CNOOC rose nearly 4%, CNPC and CNOOC Services rose nearly 3%, and Sinopec rose nearly 2%.

Shipping stocks generally rose. Pacific Shipping rose nearly 9%, COSCO Marine Energy rose more than 5%, and COSCO Marine Control and Oriental Overseas International rose more than 3%.

Apple concept stocks had the highest decline, with Ruisheng Technology falling more than 7%, Shunyu Optical Technology falling 6%, BYD Electronics falling nearly 5%, and Gaowei Electronics falling nearly 3%.

In terms of individual stocks,$COSCO SHIP ENGY (01138.HK)$With an increase of nearly 6%, a new round of price increases has gradually come to fruition, and European freight futures hit a three-month high.

$ZHAOJIN MINING (01818.HK)$With an increase of more than 3%, the situation in the Middle East is still heating up, and spot gold stands at 2,400 US dollars/ounce.

$XPENG-W (09868.HK)$It has dropped nearly 7%. Since April, many brands have launched promotions one after another, and the price war's effect on short-term sales is not obvious.

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