Dow Jones futures fell more than 100 points or 0.4%, Hong Kong stocks fell today, the Hang Seng Index opened low by 84 points, fell 185 points in the early stage to a low of 17,927 points, and then fell to a narrow range of 2 points to 18,109 points. . The market continues to struggle at 18,000 points during the noon market, falling 170 points or 0.9% for the whole day, closing at 17,941 points; the domestic index fell 47 points or 0.7%, closing at 6,374 points; and the Hang Seng Technology Index fell 31 points or 0.8%, closing at 3,707 points. The total turnover of the whole market for the day was 116.224 billion yuan, and the net inflow of Shanghai, Shenzhen and Hong Kong Stock Connect southbound transactions was 4.313 billion yuan and 3.727 billion yuan respectively.
Regarding network technology stocks, Alibaba (09988.HK) fell 2.3% to 72.8 yuan, Tencent (00700.HK) closed at 379.8 yuan, and Meituan (03690.HK) and JD.com (09618.HK) fell 1.7% and 1.8% respectively. Bilibili (09626.HK) price of the pre-deposited securities in the US rose by 7.7%, and the stock rose 0.3% for the day. In addition, ChinaSoft (00354.HK) and WiMi Hologram Cloud (02013.HK) rose by 6% and 6.9% respectively, and Kingdee (00268.HK), Meitu (01357.HK) and Xindong (02400.HK) rose by 3.4% to 4%. Mobile component stocks Qiu Ti (01478.HK) and Shun Yu (02382.HK) continued to rise by more than 3%, and chip stocks SMIC (00981.HK) fell 2.7%.
Automotive stocks Geely (00175.HK) and BYD (01211.HK) fell 1.8% and 1.5% respectively. Xiaomi (01810.HK) said that the sales volume of SU7 is steadily increasing, and it is expected to deliver more than 10,000 vehicles this month. The stock fell 1.5% with the market. Stellantis stated that it will produce some Zero Run (09863.HK) brand electric vehicles in Europe to respond to EU tariffs, and Zero Run rose 8.9%.
Mainland real estate stocks rose against the trend, Xuhui (00884.HK), Jiayuan International (01813.HK), Sunac China (01918.HK) and Agile Group (03383.HK) rose by more than 5%, and Longfor (00960.HK) rose 4%. Shipping giant Maersk announced that it will raise freight rates next month, and shipping stocks Hai Feng (01308.HK) and COSCO Shipping Holdings (01919.HK) rose 2.2% and 2.9% respectively, and COSCO Shipping Port (01199.HK) rose 4.7%. Resource stocks Aluminum Corporation of China (02600.HK) and Luoyang Molybdenum (03993.HK) rose by more than 2%.
Jewelry retail stock Chow Tai Fook (01929.HK) announced a 21% increase in annual net profit as of the end of March, but brokerage firms pointed out that Chow Tai Fook did not pay a special dividend, which disappointed the market, and the stock fell 8.9%. The same industry, Luk Fook (00590.HK), also fell by 6.5%.
In other stock news, HSBC (00005.HK) fell 1.1% to 67.15 yuan, Hong Kong Exchanges and Clearing (00388.HK), AIA (01299.HK) and Standard Chartered (02888.HK) fell 1.9% to 2.4%. Pharmaceutical stocks WuXi Biologics (02269.HK), WuXi AppTec (02359.HK) and Pharmaron (03759.HK) fell 4.4% and 5.1%, and Innovent Biologics (01801.HK) and Sino Biopharmaceutical (02005.HK) rose more than 5%. CDF (01880.HK) fell 3.7%.
According to reports, Haitong Securities (06837.HK) denied merging with Guotai Junan (02611.HK), but both stocks rose 5.6% and 4.5%. The same industry, China Galaxy (06881.HK) also rose 3.4%.