November 29th, Greelong reported that the November trading of Hong Kong stocks officially came to an end today, with all three major indices experiencing declines. After the sharp increase in September, they have been in a continuous decline for two months. The Hang Seng Index fell by 4.4%, leading the pack, followed closely by the Hang Seng China Enterprises Index which fell by 4.37%, and the Hang Seng Tech Index which dropped by 3.24%. In terms of sectors, due to Bitcoin continually hitting new highs, stocks related to cryptocurrencies saw significant increases, with Boyaa skyrocketing by over 168%, delivering a remarkable performance. Apple supplier concept stocks, aviation/airlines industry stocks, and application software stocks had prominent increases, especially Kingsoft Cloud surged by over 140%, showing the strongest performance, while Sunny Optical surged by over 24%, Cowell Electronics continuously hit new highs. Mainland real estate stocks, golden industrial concept stocks, and marine transportation industry stocks suffered relatively large declines, with Sunac dropping by over 26%, leading enterprise China Vanke falling by over 13%, and Zhaojin Mining plunging by 17%, leading the decline in golden industrial concept. In terms of large technology stocks, individual stock performances were mixed, with Alibaba plunging by 11.53%, showing the weakest performance, Baidu dropping by 8.86%, JD.com falling by 7.5%, Meituan down by 7.56%, and Tencent slipping by 1.63%; among them, Netease surged by over 9%, showing a relatively strong performance, Kuaishou up by 5%, Xiaomi up by approximately 4%. (Greelong)
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- Hong Kong stocks closed out November | Hang Seng Index fell by 4.4%, technology stocks differentiated, Kingsoft Cloud soared by over 140%, while Zhaojin Mining plummeted by 17%.
港股11月收官 | 恒指跌4.4%,科技股分化,金山云飙涨超140% 招金矿业则大跌17%
Hong Kong stocks closed out November | Hang Seng Index fell by 4.4%, technology stocks differentiated, Kingsoft Cloud soared by over 140%, while Zhaojin Mining plummeted by 17%.
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