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Hang Seng Index fell 565 points in half a day, turnover approached 100 billion, Country Garden and Bifu fell another 12%|Continued update

2022-05-10T04:12:38.998Z


The haze of interest rate hikes, coupled with the worsening economic outlook, has made U.S. stocks more vulnerable. The U.S. stock market plunged again the next night, with the Dow closing down 653 points, while the Nasdaq plunged 4.29%. At the same time, the US 10-year bond yield once surged to 3.2%, while the US dollar index


The haze of interest rate hikes, coupled with the worsening economic outlook, has made U.S. stocks more vulnerable.

The U.S. stock market plunged again the next night, with the Dow closing down 653 points, while the Nasdaq plunged 4.29%.

At the same time, the US 10-year bond yield once surged to 3.2%, and the US dollar index rose to a 20-year high of 104, which is also unfavorable for the stock market.


[12:00] Closed down 565 points at noon

The Hang Seng Index closed at 19,436 points at noon, down 565 points or 2.83%, with a turnover of 84.258 billion yuan

Country Garden (2007) and Bifu (6098) both plunged 12%, making them the worst performing blue-chips for the time being.

It is rumored that Country Garden's (2007) regulatory accounts in Chengdu, Fujian and other places have been frozen. Later, Country Garden issued a statement that it was the company's shareholding project in Fujian that had a "customer complaint". Measures have been lifted.

The Hang Seng Index fell 4.7% to 3846 points in half a day, of which Hua Hong Semiconductor (1347) fell 13.78% in half a day.

[10:15] A shares turn up

The three major A-share indexes turned up during the session, and the ChiNext index opened lower and moved higher, and the current increase has expanded to 1%.

Wind power equipment, holdings of major national funds, and semiconductor sectors rose sharply, but sectors such as coal mining and shipping weakened.

[09:49] Hang Seng Index fell more than 3%

The Hang Seng Index maintained its downward trend in the early part of the session. The Hang Seng Index fell 673 points or 3.37% to 19328 points; the HSCEI fell 273 points or 4.02% to 6535 points; the KSE Index fell 219 points or 5.44% to 3816 points.

The market turnover was 29.1 billion yuan.

JD.com lost 12%, becoming the worst performing blue-chip stock, while BYD and Bifu lost 9.09% and 8.23% respectively.

Mengniu﹙2319﹚, Alibaba﹙9988﹚, Alibaba Health﹙0241﹚ and Meituan﹙3690﹚ lost more than 7%.

Among the blue chips that fell, only TechTech (0669) rose 0.37%.

[09:22] Hang Seng Index opened 3.51% lower

The Hang Seng Index opened at 19,300 points, with a water drop of 701 points or 3.51%: the KSE Index opened at 3,796 points, with a drop of 239 points or 5.93%.

As for the national index, it opened at 6561 points, adding 294 points or 4.32%.

ATMXJ is all plugged in, Alibaba﹙9988﹚, Tencent﹙0700﹚, Meituan﹙3690﹚, Xiaomi﹙1810﹚ and Jingdong﹙9618﹚ opened lower by 7.58%, 4.93%, 5.4%, 7%, 4.41% and 12% respectively %.

International oil prices were soft and three barrels of oil were under pressure. CNOOC ﹙0883﹚ and PetroChina ﹙0857﹚ opened more than 6% lower.

[08:30] Japanese stocks fell nearly 2%

The Asia-Pacific markets generally fell at the opening of the market this morning. The Nikkei 225 index is now down 501 points or 1.92%, falling below the 26,000-point mark, hitting a new low since March 16, while Australia's S&P 200 Index and South Korea's KOSPI index once fell more than 2% in the morning. .

U.S. stocks closed at 32,245 points, the Dow fell 653 points or 1.99%; the benchmark index fell 3.2% to 3,991 points; the Nasdaq fell 4.29% to 11,623 points.

The Hong Kong stock ADR index was also weak, and closed at 19,254 points on a proportional basis, down 747 points or 3.88%.

On the other hand, the U.S. dollar index once peaked at 104.12, the highest since December 2002, and is now down to 103.736.

Source: hk1

All news articles on 2022-05-10

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