Futu News, June 24th - The three major indexes of Hong Kong stocks collectively fell. As of noon, the Hang Seng Tech index fell 1.76%, breaking through 3700 points, the Hang Seng index fell 1.02%, and the China Enterprises index fell 1.12%.
As of the midday close, 396 stocks rose and 1317 fell in the Hong Kong stock market, with 1339 remaining unchanged.
In terms of sectors, network technology shares generally fell, Kuaishou fell nearly 5%, Xiaomi fell nearly 3%, and Tencent fell nearly 2%.
Semiconductor stocks slid, with Hua Hong Semiconductor falling more than 4% and Semiconductor Manufacturing International Corporation falling more than 3%.
Pharmaceutical stocks saw more gains than losses, with Akeso rising more than 5%, Zai Lab rising more than 2%, and Wuxi Apptec falling nearly 2%.
Apple supplier stocks continued to decline, with AAC Tech falling more than 3%, Sunny Optical falling nearly 3%, and BYD Electronic falling nearly 2%.
In terms of individual stocks,$J&T EXPRESS-W (01519.HK)$During trading, it plummeted nearly 16%, with a turnover of over HKD 800 million. The stock was included in the Hong Kong stock connect at the end of last month.
$AKESO (09926.HK)$It rose more than 5%, and Kadcyla's monotherapy has been clinically proven to be highly effective in Phase III clinical trials. The drug's price was reduced over 50%.
$HUA HONG SEMI (01347.HK)$It fell more than 4%, as the US issued new regulations restricting investment in the network technology industry.
$COSCO SHIP ENGY (01138.HK)$It fell more than 4%, as crude oil prices continued to fall, with institutions warning of a high base effect for Q2 crude oil freight rates.
$MIDEA REAL EST (03990.HK)$It soared 69%, and plans to spin off its real estate development business and distribute HKD 5.9 per share or pay a physical dividend.
$SMOORE INTL (06969.HK)$It rose more than 5%, as the FDA website announced the approval of four menthol-flavored e-cigarettes for sale in the US market, all of which are manufactured by Smoore.
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