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《港股》恒指全日挫2,172點 內房及券商股捱沽 成交逾6,204億元創新高

Hang Seng Index fell by 2,172 points for the whole day in Hong Kong stocks, with property and brokerage stocks under pressure, trading volume exceeding 620.4 billion yuan, reaching a new high.

AASTOCKS ·  16:38

On the first trading day after the National Day holiday in the A-share market, the three major indices rose by 4.6% to 17.3% throughout the day. The National Development and Reform Commission indicated accelerating the introduction of various policies to boost the capital markets. After two consecutive days of gains in the Hong Kong stock market, the Hang Seng Index lost the 23,000 mark this morning, opening 250 points lower and falling sharply. It once dropped by 2,336 points to a low of 20,762 points, closing at 20,926 points, down 2,172 points or 9.4%. Blue chip stocks tumbled across the board; the China Enterprises Index fell by 847 points or 10.2%, closing at 7,483 points; and the Hang Seng Tech Index closed at 4,695 points, down 690 points or 12.8%. The total turnover for the day reached a record high of 620.438 billion yuan.

Mainland real estate stocks were hit hard, with Longfor Properties (00960.HK) plunging by 22.6%, becoming the worst-performing blue chip stock. Ronshine China (03301.HK) and Agile Group (03383.HK) both plummeted by 43.3% and 42.2%, respectively. Country Garden Holdings (01638.HK), China Overseas Land & Investment (03377.HK), Yuexiu Property (01628.HK), Sunac China Holdings (01918.HK), K. Wah International Holdings (00884.HK), Shimao Group Holdings (00813.HK), and China Vanke Co., Ltd. (02202.HK) fell by 31.9% to 39.4%. Future Land Development Holdings (02777.HK), Powerlong Real Estate Holdings (01238.HK), Hopson Development Holdings (01813.HK), Jinmao Investments and Jinmao Investments (Group) Co., Ltd. (00817.HK), Emperor Entertainment Hotel Limited (01777.HK), and Chinasouthcity Holdings (01668.HK) all dropped by 25% to 29.8%. Yuexiu Property Company Limited (00123.HK), Regal Hotels International Holdings Limited (00272.HK), and China Overseas Land & Investment Limited (00688.HK) fell by 15.4% to 18.2%. The property management stock China Resources Mixc Lifestyle Services Limited (01209.HK) fell by 19.3%.

Regarding technology stocks, JD.com Inc. (09618.HK) fell by 11.9%, while JD Health International Inc. (06618.HK) in the same group fell by 16.6%. Alibaba Group Holding Limited (09988.HK) dropped by 8.8%, and Ali Health (00241.HK) in the same group tumbled by 18.7%. Tencent Holdings Limited (00700.HK) fell by 8.3%. Meituan (03690.HK) and Kuaishou Technology (01024.HK) both fell by 15.5% and nearly 14%. Trip.com Group Limited (09961.HK) fell by 10.6%. Baidu, Inc. (09888.HK) dropped by 9.8%. Xiaomi Corporation (01810.HK) fell by 8.3%. Bilibili Inc. (09626.HK) tumbled by 19.7%. Sinosoft Technology Group Limited (00020.HK) also fell by 21.5%.

Brokerage stocks faced selling pressure, with CC Securities Co., Ltd. (01375.HK) plummeting by 38.1%. Haitong International Securities Group Limited (06099.HK), China Merchants Securities Co., Ltd. (03908.HK), China Securities Co., Ltd. (06066.HK), China Galaxy Securities Co., Ltd. (06881.HK), Guolian Securities Co., Ltd. (01456.HK), Shenwan Hongyuan Group Co., Ltd. (06806.HK), Guotai Junan International Holdings Limited (01788.HK), and Orient Securities Company Limited (03958.HK) all fell by 30.6% to 36.4%.

As for automotive stocks, Nio Inc. (09866.HK) fell by 14.5%. Geely Automobile Holdings Limited (00175.HK), Li Auto Inc. (02015.HK), and XPeng Inc. (09868.HK) dropped by 12.4% and 13.2%, respectively. BYD Company Limited (01211.HK) fell by 8.9%. Evergr Vehicle Group (00708.HK) dropped by 14.1%. Guangzhou Automobile Group Co., Ltd. (02238.HK) also fell by 18.9%.

In the financial sector, HSBC Holdings plc (00005.HK) fell by 2.7%. AIA Group Limited (01299.HK) dropped by 10.3%. Hong Kong Exchanges and Clearing Limited (00388.HK) saw its stock price decline by 13.5%. Ping An Insurance (Group) Company of China, Ltd. (02318.HK) and China Life Insurance Company Limited (02628.HK) both fell by 15.8% and 20.9%.

Regarding domestic demand stocks, Mengniu Dairy Company Limited (02319.HK) fell by 19.4%. Li Ning Company Limited (02331.HK), Haidilao International Holding Ltd. (06862.HK), Budweiser Brewing Company APAC Limited (01876.HK), and Tsingtao Brewery Co., Ltd. (00291.HK) all dropped by 10.2% to 15%.

Wuxi AppTec Co., Ltd. (02359.HK) fell by 16.9%, with the company planning to issue convertible bonds at a premium of nearly 16%, raising a net amount of 0.494 billion US dollars. They also clarified that they are evaluating various options to maintain the continuous operation of their Wuxi Antu Bioengineering Co., Ltd. business. Wuxi Biologics (Cayman) Inc. (02269.HK) also fell by 16.6%.

In addition, COSCO Shipping Holdings (01919.HK) announces a profit joy, forecasting a third-quarter profit of 21.25 billion RMB, a 2.9-fold increase, with the stock price rising 1.1% throughout the day.

The translation is provided by third-party software.


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