Futu News, June 12: The three major indexes of the Hong Kong stock market fell collectively. As of the publication, the Hang Seng Index fell 1.28%, the Heng Seng Technology Index fell 1.06%, and the Hang Seng National Index fell 1.37%.
In terms of sectors, apple concept stocks rose against the trend, with Q-tech up more than 8%, BYD electronic up more than 7%, FIH up more than 6%, and AAC Tech up more than 5%.
Contract research organizations rose across the board, with Wuxi Bio up nearly 6%, Wuxi Apptec up nearly 5%, and Pharmaron up over 3%.
Auto stocks led the decline, with Everg Vehicle falling more than 20%, Nio Inc. falling more than 7%, Geely Auto and Xpeng falling more than 4%, and Li Auto Inc. and BYD Company falling more than 3%.
Macau Casino stocks fell back, with Wynn Macau falling more than 4%, MGM China falling more than 3%, and Melco Int'l dev falling nearly 3%.
Mainland real estate stocks weakened, with Midea Real Est falling more than 4%, Sunac falling 4%, Shimao Group and Agile Group falling more than 3%, and China Jinmao and Cifi Hold GP falling nearly 3%.
In terms of individual stocks,$EVERG VEHICLE (00708.HK)$Fell nearly 21%, with 1.9 billion yuan of award subsidies to be returned, Tianjin Evergrande was suspended for rectification.
$NEWTIMES ENERGY (00166.HK)$Rose more than 42%, planning to jointly develop green hydrogen production plants in Canada with Quantum.
$XINYUAN PM (01895.HK)$Resumed trading and plummeted more than 41%, previously suspended due to a 402 million yuan regular deposit pledge problem.
$EDIANYUN (02416.HK)$The company's AIPC subscription has increased by nearly 6% for the first time.
Editor/Lambor