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<H Shrs>HSI Opens Down 12 pts; TENCENT, BYD COMPANY Rally; TRIP.COM-S Falters
Recommend 3 Positive 6 Negative 1 |
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The HSI opened 12 points or 0.1% lower at 23,499. The HSCEI dipped 6 points or 0.1% to 8,512. The HSTECH fell 17 points or 0.3% to 5,171. Among tech stocks, BABA-W (09988.HK) opened down 0.6% at HKD113.2. TENCENT (00700.HK) grew 1% to HKD510. MEITUAN-W (03690.HK), JD-SW (09618.HK), KUAISHOU-W (01024.HK), and BILIBILI-W (09626.HK) inched down 0.7-1.4%. BIDU-SW (09888.HK) remained flat at HKD82.1. NTES-S (09999.HK) edged down 0.2%. Chip makers SMIC (00981.HK) and HUA HONG SEMI (01347.HK) added 0.4% and 1.8%, respectively. In the automotive sector, GEELY AUTO (00175.HK) opened inclining 1.2%. BYD COMPANY (01211.HK) escalated 1.8% to HKD408. XIAOMI-W (01810.HK) climbed 0.6% to HKD53.500. NIO-SW (09866.HK) slipped 0.2% to HKD27.45. It reported a 1Q loss of RMB6.891 billion, while forecasting 2Q deliveries to increase by 25.5% to 31%. XPENG-W (09868.HK) slid 1%. Battery stock CATL (03750.HK) advanced 1.2%. In addition, TRIP.COM-S (09961.HK) and PICC P&C (02328.HK) tumbled 2% and 1.8% respectively at open. AAStocks Financial News |
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