Financial News
Written by: Xu Shihao
2020-12-24 09:37
Last update date: 2020-12-24 09:54
U.S. President Trump criticized the nearly US$900 billion rescue plan passed by Congress for too small a scale and threatened not to sign for approval, plus Trump’s veto of the National Defense Authorization Act involving US$740 billion in defense spending, between the White House and Congress The contradiction expanded, and the Dow's gains narrowed significantly. In the end, the Dow closed only 114 points or 0.38% to 30129 points; the standard index rose 0.07% to 3690 points; the Nasdaq closed down 0.29% to 12771 points.
Affected by external influences and the China General Administration of Market Regulation’s investigation into Alibaba (9988) regarding suspected monopolistic behavior, the Hang Seng Technology Index reversed yesterday’s upward trend and dropped by nearly 78 points to 8,348 points.
【09:50】HSI rises 75 points
The Hang Seng Index rose 75 points to 26,418 points.
CK Holdings (0001) rose 0.3% to 53.35 yuan; HSBC (0005) rose 1.6% to 40.2 yuan, and Tencent (0700) fell 1% to 565 yuan.
Xiaomi reached a new high, rising 0.55 yuan to 32.45 yuan.
[09:43] JD Health drops nearly 10%
The stock price of JD Health (6618), which has risen sharply in the past few days, has retreated, and the latest price is 175.8 yuan, down 19.2 or 9.8%
【09:35】HSI fell more than 100 points
Hong Kong stocks fell more than a hundred points, the latest report was 26240 points, down 102 points; the technology index reported 8271 points, down 154 points.
Alibaba’s monopoly was investigated, and the stock price intensified, with the latest drop of 17.8 yuan to 230.6 yuan.
[09:20] Ali fell 3% when the market opened
The Hang Seng Index opened less than 1 point lower, at 26342 points; the Hang Seng Technology Index opened at 8348 points, down 77.6 points; the State-owned Enterprise Index reported 10463 points, down 19 points.
The State Administration of Market Supervision initiated investigations into suspected monopolistic behaviors such as "choosing one of two" against Alibaba in accordance with the law. Alibaba fell more than 3% during the extended trading hours of U.S. stocks; Hong Kong stocks also fell 8.4 yuan or 3.4% at the opening of the market, to 240 yuan; It fell 7 yuan to 326 yuan; after several days of rising in a row, JD Health dropped 8 yuan or 4% when the market opened; it reported 187 yuan.
AAC (2018) plans to spin off its optical business for listing on the mainland, and its share price opened 4% higher at 42.65 yuan.
Hang Seng Index
