On October 24th, futu news reported that the three major stock indices collectively declined, with the technology index falling by more than 2% at one point during the trading session, and fell nearly 2% at midday, below 4600 points. The Hang Seng Index fell by nearly 1%, and the state-owned enterprises index fell by more than 1%.
As of the midday close, there were 425 gainers, 1279 losers, and 1368 unchanged in the Hong Kong stock market.
In terms of sectors, technology-related stocks showed declines, with Kuaishou-W down by 3.40%, Alibaba-W down by 3.24%, JD.com-SW down by 2.83%, SenseTime-W down by 2.41%, Netease-S down by 2.15%, Meituan-W down by 2.10%, Tencent down by 1.31%, and Xiaomi Group-W down by 0.39%.
Real estate sectors experienced widespread declines, with RonshineChina dropping by nearly 6%, Zhongliang Holdings down by over 5%, R&F Properties falling by nearly 6%, Sunac down by nearly 5%, CIFI Holdings Group falling by over 4%, China Resources Land dropping by over 4%, and Radiance Hldgs falling by over 3%.
Gold sector weakened, with Chi Silver Gp dropping by 5.71%, SD Gold falling by 4.57%, Lingbao Gold down by 3.43%, Zhaojin Mining down by 2.74%, Persistence Res down by 2.47%, Zijin Mining Group down by 1.96%, ChinaGoldIntl down by 1.85%, and Tongguan Gold remained unchanged.
Apple supplier stocks saw a general decline, with Tongda Group up by 5.21%, Fih falling by 4.17%, Cowell down by 3.80%, Q Tech down by 3.28%, Sunny Optical down by 3.22%, BYD Electronic down by 2.77%, Vstecs down by 2.43%, and AAC Tech down by 2.17%.
Property services and management stocks weakened, with China Resources Mixc down by 4.10%, WM Tech down by 4.00%, China OVS Ppt down by 3.32%, Sunac Services down by 3.08%, Poly Ppt Ser down by 2.94%, CG Services down by 2.43%, Greentown Mgmt down by 2.31%, and A-Living down by 1.60%.
Digital health stocks saw declines, with Ali Health down by 3.48%, Medplus rising by 2.70%, Ping An Good Doctor down by 2.28%, JD Health down by 2.27%, Za Online down by 2.01%, and Dingdong Health remaining unchanged.
Multiple alcoholic beverage stocks declined, with Dynasty Wines down 2.99%, Bud APAC down 2.82%, China Res Beer down 2.44%, ZJLD down 2.28%, Tsingtao Brew down 1.00%, Palinda Group down 0.99%, Tibet Water Resources remained unchanged, and Wine's Link remained unchanged.
In terms of individual stocks, $TENCENT (00700.HK)$ Down more than 1%, Tencent's multiple game studios are merging and restructuring, with the producer of Honor of Kings, Huang Lanxiao, stepping down.
$BIDU-SW (09888.HK)$ Down more than 2%, Nomura lowered Baidu's target price to 128 yuan due to continued macroeconomic headwinds.
$AIA (01299.HK)$ Up nearly 2%, the market expects AIA's value of new business to grow by 14% in the third quarter, paying attention to management's guidance.
$TRIP.COM-S (09961.HK)$ Rising over 1%, inbound and outbound tourism continues to heat up, institutions say Ctrip's supply side advantages are significant.
$FLAT GLASS (06865.HK)$ Increasing by nearly 3%, the optimization of the supply side of photovoltaics continues to advance, HSBC says photovoltaic glass is expected to reduce inventory.
$LAOPU GOLD (06181.HK)$Rising nearly 3%, the ancient gold series has increased prices twice this year, the company will continue to expand the number of stores.
$GCL TECH (03800.HK)$Rising over 3%, the Ministry of Industry and Information Technology will introduce a dual-control policy on energy consumption in the photovoltaic industry, with obvious advantages in silicon consumption.
Top 10 half-day trading volume
编辑/Wade
