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Ali breaks the top and sees 303 yuan, the Hang Seng Index rises to 238 points | continuous update

2020-10-21T02:00:51.032Z


The U.S. stock market closed higher. The Dow rose 113 points and regained 28308 points. The Nasdaq ended its five-day decline. As the stock markets in the Asia-Pacific region rose in the early stages, it is believed that Hong Kong stocks will perform better today. As for the 8,500 cuts announced this morning


Financial News

Written by: Zhang Weilun

2020-10-21 09:54

Last update date: 2020-10-21 09:54

The U.S. stock market closed higher. The Dow rose 113 points and regained 28308 points. The Nasdaq ended its five-day decline.

As the stock markets in the Asia-Pacific region rose in the early stages, it is believed that Hong Kong stocks will perform better today.

As for Cathay Pacific (0293), which announced the reduction of 8,500 jobs this morning, it will become the focus of today's market.

[09:53] Cathay Pacific announces job cut plan, stock price rebounds 4.7%

Cathay Pacific (0293) announced that it will cut 8,500 jobs. It is expected to save 500 million yuan a month. This morning it was as high as 6.1 yuan. The latest report was 5.99 yuan, up 4.7%.

[09:48] Hang Seng Index's gains expand to more than 200 points

The Hang Seng Index increased its gains to 238 points, the latest report was 24,808 points, the H-Share Index recently reported 10061 points, an increase of 72 points, and the Hang Seng Index reported 7711 points, an increase of 67 points.

Ali (9988) reached a new high, reporting 303 yuan, up 1.2%.

[09:45] Midland Industrial and Commercial Store resumes trading and bombs over 4%

Midland (1200) announced that it will distribute its shares in Midland Industrial and Commercial Store (0459) to shareholders by way of in-kind distribution.

Midland Industrial and Commercial Store resumed trading this morning. It once reached a high of 0.105 yuan, and the latest report was 0.1 yuan, up 4.2%; Midland International fell 1.3% to the latest 0.76 yuan.

【09:33】The early stage of Asian stocks is flat

Asia-Pacific stock markets were flat in the early days. Japanese stocks rose 33 points to 23,598 points. Australia’s ASX 200 index recently reported 6183 points, which fell less than 1 point. Taiwan’s weighted index was latest 12926 points, up 64 points. South Korea’s KOSPI index was latest 2364 Points, up 6 points.

[09:30] Mainland stock markets have opened higher

The mainland stock market opened higher, the Shanghai Stock Exchange reported 3332 points, 4 points higher, Shenzhen Component News 13613 points, 9 points higher, CSI 300 opened 8 points higher, reported 4801 points, ChiNext opened 6 points higher, reported 2764 points.

【09:25】HSI opens 126 points higher

Hong Kong stocks opened higher following the external stock markets, reporting 24,695 points, up 126 points, the latest HSCEI reported at 10034 points, opening 45 points higher, and the Hang Seng Index at 7707 points, opening 62 points higher.

Cathay Pacific (0293), which announced the cut of 8,500 jobs this morning, was last reported at 5.72 yuan, flat.

In terms of technology stocks, Alibaba (9988) opened 0.2% higher and last reported 300 yuan, Tencent (0700) last reported 568.5 yuan, 0.7% higher, Xiaomi (1810) opened 0.7% higher, latest 22.35 yuan, Meituan (3690) ) The latest report was 264 yuan, 1.2% higher.

The IPO of Alibaba's Ant is imminent. The Hong Kong Stock Exchange (0388) opened up 0.3%, and the latest price was 368 yuan.

Hong Kong stock market cathay Pacific layoffs

Source: hk1

All news articles on 2020-10-21

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