Futu News on August 21st, the three major indexes of the Hong Kong stock market opened sharply lower in the morning, and then the decline narrowed during the trading session. As of the time of publication,$Hang Seng Index (800000.HK)$down 0.59%,$Hang Seng TECH Index (800700.HK)$down 1.82%,$Hang Seng China Enterprises Index (800100.HK)$down 0.8%.
In terms of sectors, large-scale network technology stocks generally declined, with JD.com and Kuaishou leading the way with a drop of about 10%, Weibo fell more than 4%, and Xiaomi, Baidu, Alibaba, Netease, and others followed suit; Tencent and Meituan rose against the trend.
Auto stocks collectively decline, Zeropao, Brilliance Chi down nearly 4%, Nio, Xiaopeng, Great Wall Motor, and others follow the downward trend.
Coal stocks continue to decline, Southgobi down nearly 7%, Yancoal Australia down nearly 5%, China Shenhua, Mongol Mining, and others follow the downward trend.
Mainland real estate stocks mostly trend lower, Sino-Ocean Group down nearly 5%, Sunac, Agile Group, Sunlight Real Estate Group, and Sunac China Holdings drop over 3%.
Apple supplier stocks show strength against the trend, Sunny Optical Technology up over 5%, AAC Tech up over 4%, Cowell up over 3%.
Golden industrial concept remains active, Lingbao Gold up over 4%, SD Gold, Zhaojin Mining up over 3%.
In terms of individual stocks, $JD-SW (09618.HK)$ $Walmart (WMT.US)$In the announcement, it was disclosed that all of the held JD.com stocks were reduced.
$KUAISHOU-W (01024.HK)$ The company's revenue in the first half of the year was 60.383 billion yuan, an increase of 14.0% year-on-year, with a drop of more than 9%.
$TONGCHENGTRAVEL (00780.HK)$Contrary to the market trend, the company's Q2 revenue reached a record high of 4.25 billion yuan, with a year-on-year net profit increase of 13.15% in the first half of the year, surging more than 8%.
$SUNNY OPTICAL (02382.HK)$ Up nearly 6%, the company's net profit in the first half of the year increased by about 147.1% year-on-year.
Editor/rice