As of June 27th, according to the news from Futu, the three major stock indexes in Hong Kong fell collectively, with the Hang Seng Index down 1.85%, the Hang Seng Tech Index down 1.92%, and the Hang Seng China Enterprises Index down 1.96%.
In terms of sectors, most network technology stocks fell, with Xiaomi Group falling more than 6%, Bilibili falling more than 4%, and Meituan and JD.com falling more than 2%, while Alibaba, Baidu, Tencent and others followed suit.
Auto stocks were generally down, with Guangzhou Automobile Group falling more than 4%, Evergrande Vehicle falling more than 3%, Great Wall Motor and BYD falling more than 2%; Nio Inc. rose nearly 4%.
Chip stocks weakened, with Semiconductor Manufacturing International Corporation down nearly 2%, Hua Hong Semiconductor and Shanghai Fudan down more than 1%.
Biotechnology stocks fell across the board, with WuXi Biologics, Zai Lab falling more than 4%, BeiGene falling more than 3%, and Beigene falling nearly 3%.
Golden industrial concept stocks declined, with Lingbao Gold, SD Gold, Zhaojin Mining, and Zijin Mining Group all down more than 2%.
In terms of individual stocks,$NIO-SW (09866.HK)$Nio Inc. rose nearly 4%, and the company actively opened up battery swap cooperation. Nio Energy recently received strategic investment.
$BOSIDENG (03998.HK)$Bilibili rose more than 6%, with the equity shareholders' net profit attributable being RMB 3.074 billion for the year ending March 31, 2024, an increase of 43.74% year-on-year, and the down jacket main business performing well.
$EVERG VEHICLE (00708.HK)$Zhaojin Mining fell by more than 8% at one point, and is now down more than 3%. The potential transfer of shares is still under discussion, and no buy-sell agreement has been reached between the parties.
$MEDBOT-B (02252.HK)$Zhongjin Gold plummeted more than 15%, and the company plans to sell about 14.63% stake to issue 12.9 million new H-shares, with a net raising of approximately HKD 114 million.
Editor / jayden