Financial News
Written by: Huang Jie Huang Youhua
2020-08-11 16:18
Last update date: 2020-08-11 16:25[16:16] Hang Seng Index rose more than 500 points throughout the day
The Hang Seng Index closed at 24,890 points, up 513 points; the H-Share Index rose 162 points and closed at 10,153 points, with a turnover of 114.36 billion yuan.
Media stocks rose sharply throughout the day. Next Media (0282), which has become the focus of market participants, reached a peak of 1.96 yuan throughout the day. However, the stock price dropped significantly in the afternoon. It once fell below 1 yuan and closed at 1.1 yuan, up 331%.
In terms of other media stocks, Mao Kee Kwai Chung (1716) closed at 1.55 yuan, up 106.7%, Ming Pao’s parent company World Chinese Media (0426) rose 14.3%, and closed at 0.32 yuan. Economic Daily (0423) rose 6.60% and closed at 1.13 yuan
As the Macau government will resume visas for individual and group visitors in Zhuhai starting tomorrow (12th), the news stimulates the development of gambling stocks, and gambling stocks generally do well. Sands China (1928) closed up 9.83% to 32.9 yuan. Galaxy Entertainment (0027) closed up 5.5% to 59.8 yuan, and Wynn Macau (1128) rose 6.5% to 14.46 yuan.
As for technology stocks, Tencent (0700), which announced its interim results tomorrow, rose 2.3% to close at 513.5 yuan, Ali (9988) rose 0.7% to 244 yuan, and Meituan (3690) closed at 218.4 yuan, down 2.1%.
【15:47】Gambling stocks generally do well
Sands China (1928) rose 7.66% to 32.3 yuan, GEG (0027) rose 4.32% to 59.1 yuan, Wynn Macau (1128) rose 5.3% to 14.3 yuan, Melco International (0200) rose 4.94% to 16.5 yuan, the United States Gaomei (2282) rose 4.26% to 10.2 yuan, and SJM (0880) rose 3.61% to 10.
[15:43] Next Media rises 2.8 times
Today's volatile One Media (0282) saw its stock price drop significantly in the afternoon. The latest report was 0.97 yuan, up 280.4%, and the turnover was 4.152 billion yuan.
[15:21] Spot gold once lost 2,000 US dollars, closed Zhao Jin fell nearly 5%
The price of gold fell. Spot gold fell below the US$2,000 per ounce mark. The latest report was US$2,002.68, down US$24.66 or 1.2%. New York gold futures reported US$2,012.4 per ounce, down 1.3%.
Gold mining stocks also fell along with the fall in gold prices. Zhaojin (1818) fell 4.9%, last reported at 9.18 yuan, Shandong Gold (1787) fell 4.9%, last reported at 22.35 yuan, China Gold (2099) fell 0.4%, last reported at 7.89 yuan, Zijin (2899) fell 4.7% and was last reported at 4.91 yuan.
[15:13] Low-income mainland stock markets fell below 13,500 points
The mainland stock market closed lower today. The Shanghai Stock Exchange closed at 3340 points, down 30 points or 1.2%, Shenzhen Composites closed at 13,466 points, down 191 points or 1.4%, and CSI 300 closed at 4681 points, down 43 points or 0.9%, and the ChiNext The market closed at 2688 points, down 46 points or 1.7%.
In the Asia Pacific stock market, Japanese stocks closed at 22750 points, up 420 points or 1.9%, Australia’s ASX 200 index closed at 6138 points, up 28 points or 0.5%, and Taiwan’s weighted index closed at 12,780 points, down 113 points or 0.9%. South Korea's KOSPI index closed at 2418 points, up 32 points or 1.4%.
[14:55] Nine hairs fall in the afternoon
Haidilao (6862) rose more than 10% after midday, rising 10.3% to 41.7 yuan.
This morning, Jiu Mao Jiu (9922), which hit a new high of 16.46 yuan this morning, fell in the afternoon. The latest report was 15.1 yuan, down 1.3%.
[14:37] U-turn down after moving the card to a new high
Card Transfer (9923), which was only listed on June 1, has changed today. It hit a high of 80 yuan, a new high, and then quickly returned to a low of 47.2 yuan. The latest report was 56.2 yuan, down 16.18%, and a turnover of 524 million yuan.
[14:06] Hang Seng Index's gains expand to more than 600 points
The uptrend of Hong Kong stocks expanded in the afternoon, at 25,000 points, and the latest report was 25024 points, up 646 points; the H-Share Index recently reported 10241 points, up 250 points.
[13:07] Next Media sees an increase of more than 5 times at 1.96 yuan in the afternoon
The Hang Seng Index rose 573 points or 2.35% to 24950 points in the afternoon session.
Media stocks continued to perform strongly in the afternoon opening. Next Media (0282) soared, hitting a peak of 1.96 yuan, with a market value of more than 5 billion yuan, and then fell back. The latest report was 1.57 yuan, an increase of more than 5 times, and the market value was more than 4.1 billion yuan.
As for TV broadcasting (0511), it rose slightly by 0.8%, to 8.89 yuan, with a market value of nearly 3.9 billion yuan.
Mau Kee Kwai Chung (1716) also doubled to 133.3%, at RMB 1.75. Ming Pao’s parent company, World Chinese Media (0426), also rose 104.7% to 0.38 yuan. The Economic Daily (0423) rose 16.9% to 1.24 yuan.
[12:00] The Hang Seng Index rose nearly 600 points in half a day
The Hang Seng Index rose 585 points or 2.4% to 24962 points in the half-day, and the H-Share Index rose 226 points or 2.27% to 10217 points.
Media stocks remained strong this morning, with the rising market leader One Media (0282) rising 268.6% to 0.94 yuan, an increase of more than 2 times. Turnover closed at 1.38 billion yuan at noon.
Mao Kee Kwai Chung (1716) rose 117.3% to 1.63 yuan. Wanhua Media (0426) also rose 99.4%, nearly doubled to RMB 0.37. Cable Broadband (1097) rose 13.5% to 0.08 yuan. The Economic Daily (0423) rose 11.3% to 1.18 yuan.
Miming Life Department Store (8473) also rose 106.4%, more than doubled to 0.32 yuan. Jiu Mao Jiu (9922) rose 4.3% to 15.96 yuan. Haidilao (6862) rose 11.8% to 42.3 yuan.
In addition, Sands China (1928) rose 7% to 32.1 yuan. GEG (0027) rose 4.8% to 59.4 yuan. Tencent (0700) rose 3.18% to 518 yuan.
[11:38] Next Media sees that 1 yuan is still a "penny stock" yesterday
The media stocks are all booing! The rising trend of "Leading" One Media (0282) has not stopped. It was once as high as RMB 1 but as low as RMB 0.075 compared with yesterday, which is a 12-fold increase. The stock is now up 2.88 times to a high of 0.99 yuan, with a turnover of 1.108 billion yuan.
Ming Pao’s parent company, the world’s Chinese media (0685), was also speculating, with a 33.9% increase to 0.375 yuan, with a turnover of 3.57 million yuan.
Mao Kee Kwai Chung (1716) also rose another 105.3% to 1.54 yuan. The Economic Daily (0423) rose 9.4% to 1.16 yuan.
[11:12] One Media has doubled
Next Media (0282) rose more than twice, and is now up 213% to 0.8 yuan. Cable (1097) also rose 2.7% to 0.07 yuan. Mao Kei Kwai Chung (1716) remained at 1.3 yuan.
[10:18] Haidilao rose more than 10% to top
Haidilao (6862) rose 11.2% to 42.1 yuan, and its share price broke the top.
The Hang Seng Index rose to 581 points and reported 24953 points, which is close to 25,000 points. Among them, Tencent (0700) rose 3.88% to 521.5 yuan. It reversed its recent disadvantage and became one of the contributors to the market's rise.
Next Media (0282) maintained its upward trend and is now up 166% to 0.68 yuan. Mao Kee Kwai Chung (1716) also rose 73% to 1.3 yuan.
【09:36】Hong Kong stocks rise 500 points
Hong Kong stocks have expanded their rally. The Hang Seng Index is now up 503 points or 2.07% to 24,881 points; the H-Share Index is up 184 points or 1.84% to 10174 points; the KSI is up 92 points or 1.3% to 7269 points.
Sands China (1928) and GEG (0027) rose 4.3% and 3.2% respectively, leading the blue-chip gains.
HSBC (0005) once rose more than 3% to 34.15 yuan, and is now at 33.65 yuan. Tencent (0700) rose 1.79% to 511 yuan.
Next Media recently rose 123% to 0.57 yuan, with a turnover of 231 million yuan.
【09:31】One Media has more than doubled
Next Media is now up 135% to 0.6 yuan, with a turnover of 88.9 million yuan.
【09:23】HSI rose nearly 300 points
Hong Kong stocks opened well. The Hang Seng Index opened at 24,662 points, up 284 points or 1.17%; the H-Share Index opened at 10,086 points, up 96 points or 0.96%; the Technology Index opened at 7217 points, up 40 points or 0.57%.
Tencent (0700), which has fallen nearly 10% over the past two days, opened at 511 yuan, up 1.79%, and had a turnover of 691 million yuan.
Yesterday's hotly-hyped Next Media (0282) has the funds to pursue again this morning, and it has risen 76.5% to 0.45 yuan. The police yesterday (10th) arrested Li Zhiying, the founder of Next Media, his two sons, and four senior members of Next Media on suspicion of violating the "Hong Kong National Security Act" and investigated them in the Next Media Building. However, the stock went up yesterday, which was more than 3 times higher.
Next Media’s "Apple Daily" announced on the official FB that today it has decided to print an additional 200,000 papers, or a total of 550,000 copies.
Hang Seng Index