On July 23, Futu News reported that the three major stock indexes of the Hong Kong stock market opened high and fell. As of press time, the Hang Seng Index fell by 0.41%, the national index fell by 0.47%, and the science and technology index fell by 1.31%.
In terms of sectors, most network technology stocks fell, with Sensetime falling by more than 2%, Meituan falling by nearly 2%, Netease, Xiaomi Group, JD.com falling by more than 1%, Bilibili, Kuaishou falling by nearly 1%, and Alibaba and Tencent following the downward trend.
Most shipping stocks rose, with COSCO Ship Energy rising nearly 6%, COSCO Shipping Development up more than 2%, OOIL, Pacific Basin, COSCO Shipping Holdings rising nearly 2%.
Banking stocks rose, with Agricultural Bank of China rising nearly 3%, Bank of Communications up more than 2%, Postal Savings Bank of China, Industrial and Commercial Bank of China, CM Bank rising more than 1%.
Automobile stocks varied, with BYD Company falling by more than 2%, Great Wall Motor, Guangzhou Automobile Group falling by more than 1%; XPeng rising more than 2%, Leapmotor, Nio rising more than 1%.
Semiconductor stocks weakened, with Hua Hong Semiconductor falling by more than 5%, Shanghai Fudan falling by nearly 3%, Semiconductor Manufacturing International Corporation falling by more than 2%.
Apple concept stocks generally fell, with BYD Electronic falling by nearly 6%, Sunny Optical Technology, AAC Technologies falling by more than 3%, Q Tech falling by nearly 3%.
Nonferrous metals stocks continued to decline, with CMOC Group Limited falling by nearly 4%, China Hongqiao, Tianqi Lithium Corporation, Zijin Mining Group falling by nearly 2%.
Dining stocks generally fell, with Jiumaojiu falling by more than 3%, Helenbergh, Haidilao falling by nearly 3% and more than 2% respectively.
In terms of individual stocks,$CMGE (00302.HK)$Up more than 10% at one point, now up more than 5%; the company successfully distributed 0.1 billion shares to the "e-sports tycoon" Zhu Yihang, raising a net amount of HKD 167 million to accelerate business expansion.
$BYD COMPANY (01211.HK)$Down more than 2%, Berkshire Hathaway, owned by Warren Buffett, reduced its holdings, with the shareholding ratio dropping from 5.06% to 4.94%.
$TVB (00511.HK)$Up more than 4%, the company is expected to turn positive in EBITDA for the mid-term, with double-digit growth in advertising unit price during the second quarter golden time.
$SF INTRA-CITY (09699.HK)$Up nearly 2%, the company expects a net income of not less than approximately RMB 55 million for the first half of the year, an increase of more than 80% year-on-year.
Editor / jayden