Financial News
Written by: Ou Jiajun Huang Youhua
2020-09-09 09:31
Last update date: 2020-09-09 09:57
Risk aversion in the market heats up, and the US dollar once rose to a 4-week high.
Selling pressure on technology stocks continued. Tesla crashed by more than 20%, the largest one-day decline in history. Apple fell by 6.7%, Microsoft fell by more than 5%, and the cumulative index fell by more than 4%, closing at 10847 points, a sharp drop of 465 points. .
The Dow also closed down 632 points to 27,500 points.
The index closed 95 points lower at 3331 points.
[09:49] Hang Seng Index drops nearly 300 points and ATMX is all soft
Hong Kong stocks fell nearly 300 points.
The Hang Seng Index is now trading at 24,338 points, down 285 points or 1.16%; the China-State Index is reporting at 9705 points, down 124 or 1.27%; the Science Index is reporting 6941 points, down 181 points or 2.55%.
Market turnover was 20.6 billion yuan.
WuXi Biologics (2269) fell 3% to RMB 174.4, becoming the worst performing blue chip.
Technology fell below the 7000-point mark, of which Xiaomi (1810) fell 2.9%, Ali (9988) fell 2.74%, Meituan Dianping (3690) fell 1.26%, and Tencent Holdings (0700) fell 0.59%.
As for SMIC (0981), it temporarily fell 2.13%.
[09:20] Hang Seng Index opens lower by 328 points, Tencent stays at 500 yuan
The Hang Seng Index opened 328 points lower and opened at 24,295 points.
The H-Share Index opened 139 points lower and opened at 9690 points.
Technology stocks are under strong selling pressure. Alibaba (9988) and Meituan (3690) opened lower by 2.8% and 2.6%. Tencent (0700) opened lower by 1.3% and opened at 502 yuan. It may challenge the 500 yuan mark today.
Yesterday Dayong's Chinese banking stocks had to retreat. China Construction Bank (0939) fell 1.8%, China Merchants Bank (3968) fell 1.8%, and Ping An Insurance (2318) and China Life (2628) fell 1% and 2% respectively.
Tesla plunges again and loses $80 billion in a single day's market value, exceeding the total market value of GM and Ford
Apple shares plummeted by nearly 7%, Goldman Sachs reiterated "sell" rating
Tesla's entry into S&P loses 18%, Nasdaq drops more than 400 points and falls below 11,000, New York oil futures drops 8%
Yum China Announces Subscription Results, First Lottery Rate is 25%
"Wall Street Journal": CITIC Lyon Executive Committee was dissolved by the parent company
Hong Kong stock market trend China and Hong Kong stock market Hong Kong stock market
