On July 18th, Futu News reported that the three major Hong Kong stock indexes fell collectively. As of the time of publication, Hang Seng Index fell 0.59%, H-share Index fell 0.78%, and Technology Index fell 1.81%.

As for sectors, most of the network technology stocks declined, with Baidu falling more than 3%, Ctrip Group falling nearly 3%, Bilibili falling more than 2%, and Kuaishou, JD.com, and Meituan falling more than 1%, while Alibaba and Tencent fell nearly 1%.

Electric vehicle stocks fell across the board, with Xpeng and Nio Inc. falling more than 5%, Leapmotor falling more than 3%, and Li Auto Inc. falling more than 2%.

Apple supplier stocks weakened, with Sunny Optical Technology falling more than 4%, Cowell falling more than 3%, Q Tech, FIH Mobile, and BYD Electronic falling more than 2%.

Electric power stocks rose across the board, with Datang Renewables rising more than 2%, China Longyuan, CGN New Energy, and Datang International Power Generation rising more than 1%.

Most nonferrous metal stocks fell, with Aluminum Corporation of China falling nearly 3%, Jiangxi Copper falling more than 2%, Zhaojin Mining and Zijin Mining Group falling nearly 2%.

In terms of individual stocks,$NONGFU SPRING (09633.HK)$Nongfu Spring rose more than 4%. The Hong Kong Consumer Council apologized for the sample classification discrepancy.

$TIMES ELECTRIC (03898.HK)$Futu rose more than 5%. It is expected that the net income in the first half of the year will be 1.507 billion yuan, a year-on-year increase of 30.56%.

$CHALCO (02600.HK)$It continued to weaken for the third consecutive day, falling nearly 3% during the day. Recently, aluminum prices have continued to fall, and the company’s third-quarter aluminum business profits may slightly decrease by season.

Editor/Jayden