Futu News on July 8, Hong Kong stocks fell collectively in the morning, and the Hang Seng Tech Index rose as high as 0.7% in the early trading session, then quickly fell and closed down 0.71% at noon. The Hang Seng Index and the National Index both fell by 1.34% and 1.3%, respectively. The three continued to decline from last Friday.
As of the midday close, 500 Hong Kong stocks rose, 1146 fell, and 1423 were flat.
In terms of sectors, network technology stocks fell more than rose, with Tencent Music falling nearly 4%, Ali Health falling more than 2%, Netease and Alibaba falling nearly 2%, and Meituan falling more than 1%.
Marine transportation stocks fell across the board, with COSCO Shipping Holdings falling more than 8%, Orient Overseas International falling nearly 6%, SITC falling more than 4%, and COSCO Ship Energy falling nearly 4%.
Mainland real estate stocks fell across the board, with Sunac China falling nearly 8%, China Vanke falling more than 6%, China Resources Land and China Overseas Land & Investment both falling more than 2%.
Biomedical stocks slipped, with Kewell Biotechnology falling more than 6%, WuXi Biologics and Akeso falling nearly 4%, WuXi AppTec falling more than 3%, and BeiGene falling more than 2%.
China-affiliated brokerage stocks were weak, with China Galaxy falling more than 4%, China International Capital Corporation and GF Securities falling nearly 3%, Haitong Securities and Huatai Securities falling more than 2%.
In other areas, insurance stocks, education stocks, and apple supplier stocks showed obvious declines, while semiconductor stocks and golden industrial concept stocks rose slightly.
In terms of individual stocks,$COSCO SHIP HOLD (01919.HK)$Leading the decline of marine transportation stocks, the crisis in the Red Sea may ease, and many contracts of the European Union joint transportation have touched the limit down for 25 years.
$CHANGJIU HLDGS (06959.HK)$Falling more than 12%, a large number of shares were unlocked today, and the company had been named by regulators before.
$FIT HON TENG (06088.HK)$Falling nearly 11%, it is expected to turn losses into profits by up to 33 million USD in the medium term, and plans to acquire assets of multiple automotive business companies.
$QUANTUMPH-P (02228.HK)$Falling more than 10% to create a new low, with some exercising their over-allotment options, and the stabilization action and stabilization period have ended.
$NIO-SW (09866.HK)$Falling more than 5%, Feng Wei resigned as NIO's CFO, and Qu Yu took over.
TOP20 turnover in half a day
Editor/Feynman