Futu News August 5th, the Hong Kong stock market opened lower today, and then experienced a brief rise before falling back. As of press time,$Hang Seng Index (800000.HK)$down 0.91%,$Hang Seng China Enterprises Index (800100.HK)$down 1.13%,$Hang Seng TECH Index (800700.HK)$down 0.72%.
In terms of sectors, macau casino stocks bucked the trend and rose, with MGM China rising more than 5%, Sands China Ltd rising nearly 4%, Paradise Ent and Galaxy Ent rising more than 2%.
Some biomedical stocks rose, with Beigene up nearly 5%, Tigermed up more than 4%, Remegen up nearly 4%, and Genscript Bio up nearly 3%.
Mainland real estate stocks rose across the board, with Agile Group up more than 3%, Shimao Group up nearly 3%, and Radiance Hldgs up more than 2%.
Cryptocurrency spot ETFs plummeted, with Bosera Ethereum, Huaxia Ethereum, and Jiashi Ethereum falling by more than 27%, while Jiashi Bitcoin and Bosera Bitcoin fell nearly 16%.
Petroleum stocks weakened, with CNOOC falling nearly 5%, PetroChina falling nearly 4%, and China Oilfield falling nearly 3%.
In terms of individual stocks,$XIABUXIABU (00520.HK)$After issuing a warning, it fell more than 6%, with a projected net loss of over 0.26 billion yuan in the first half of the year and a provision for impairment of approximately 0.2 billion yuan due to store closures.
$CHINA RE (01508.HK)$up nearly 10%, with an expected year-on-year increase of about 150% to 200% in its net profit attributable to the owner of the parent in the first half of the year.
$Highlife Medical (02407.HK)$ After issuing a warning, it fell nearly 12%, and is expected to see a year-on-year decrease of about 74.5% to 76.8% in its net profit in the first half of the year.
$LEPU BIO-B (02157.HK)$rose nearly 6%, and its candidate drug MRG003 has been granted breakthrough therapy designation by the FDA.
$COMBA (02342.HK)$fell more than 10%, and is expected to achieve a loss attributable to shareholders of no more than 0.16 billion Hong Kong dollars in the mid-term.
$AJISEN (CHINA) (00538.HK)$After issuing a warning, it fell more than 19%, with an expected loss attributable to shareholders of 20 million yuan in the mid-term.
Editor/Lambor