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HSBC fell 2% after the release of the list, Hong Kong stocks fell 357 points, technology stocks fell more than 8% in Jingdong

2023-02-21T09:01:47.810Z


The U.S. stock market was closed on Monday (20th), while European stock markets closed lower amid investors’ worries about the European Central Bank continuing to raise interest rates. As for the Asia-Pacific region, the stock markets were weak this morning. In terms of Hong Kong stocks, HSBC (0005) and Hang Seng (0011)


The U.S. stock market was closed on Monday (20th), while European stock markets closed lower amid investors’ worries about the European Central Bank continuing to raise interest rates.

As for the Asia-Pacific region, the stock markets were weak this morning.

In terms of Hong Kong stocks, HSBC (0005) and Hang Seng (0011) will announce their annual results at noon, officially kicking off the performance period for local companies.


【16:44】

The Hong Kong stock market closed at a low level and could barely hold above 20,500 points. In addition to the unsatisfactory performance of technology stocks, the stock price of HSBC (0005) was not as expected after the announcement of its results, which also exacerbated the decline in Hong Kong stocks.

The Hang Seng Index closed at 20,529 points, down 357 points, the H-Share Index fell 138 points to 6,925 points, and the KCI fell 153 points to 4,158 points. The turnover was 111.18 billion yuan.

Technology stocks performed quite weakly today. JD.com (961) fell 8.5% to 189.7 yuan, Baidu (9888) fell 4.8%, Alibaba (9988) fell 4.4%, Meituan (3690) fell 4.1%, and Tencent (0700) fell 4% %, Xiaomi (1810) fell 2.2%.

HSBC has announced its 2022 results in the afternoon. Although it has increased its dividend payout and plans to pay a special dividend on the sale of its Canadian business, the stock price is still about to fall by 2%.

Its subsidiary Hang Seng (0011) rose 3.3%.

For other banking stocks, Bank of China (2388) rose 0.6%, and East Asia (0023) rose 1.8%.

As for consumer stocks, Haidilao (6862) fell 3.5%, Li Ning (2331) fell 2.5%, and Run Beer (0291) fell 2%.

For mainland property stocks, China Overseas (0688) rose 1%, China Land (1109) rose 2.2%, and Country Garden (2007) rose 0.8%.

【15:09】

The stock market in the Mainland saw mixed trends. The Shanghai Stock Exchange closed at 3306 points, up 16 points, the Shenzhen Stock Exchange closed at 11968 points, up 14 points, the CSI 300 Index closed at 4144 points, up 10 points, and the GEM closed at 2469 points, down 10 points.

In terms of stock markets in the Asia-Pacific region, Japanese stocks fell 58 points to 27,473 points, Taiwan stocks rose 11 points to 15,563 points, and Korean stocks rose 3 points to 2,458 points.

In terms of Hong Kong stocks, the Hang Seng Index fell 313 points to 20,573 points, the State Index fell 112 points to 6,951 points, and the KCI fell 131 points to 4,180 points.

【14:29】

Hong Kong stocks fell more than 300 points. The Hang Seng Index was last at 20,576 points, down 310 points. The State Index fell 115 points to 6,948 points.

JD.com (9618) fell 8% to 190.9 yuan.

【13:22】

HSBC (0005) reversed its trend and was last reported at 57.65 yuan, down 1.9%. Its subsidiary Hang Seng (0011) rose 3.4%.

The decline in the Hang Seng Index further intensified, reporting 20,603 points, down 283 points, the State Index fell 100 points, reporting 6,963 points, and the KCI fell 117 points, reporting 4,194 points.

【13:04】

The share price of HSBC (0005) turned from falling to rising after the announcement of its results. It once peaked at 59.4 yuan, and the latest price was 59.2 yuan, up 0.8%.

The Hang Seng Index was last at 20,692 points, down 194 points, the State Index fell 6,973 points, down 90 points, and the KPI fell 114 points, to 4,197 points.

【12:34】

Hong Kong stocks closed lower for half a day, among which technology stocks became the targets for investors to sell.

The Hang Seng Index fell 207 points in half a day to 20679 points, the HSCEI fell 81 points to 6981 points, and the KCI fell 107 points to 4204 points, with a turnover of 56.5 billion yuan.

Technology stocks performed weakly. JD.com (9618) fell 6.8%, Tencent (0700) fell 3.1%, Baidu (9888) fell 3.1%, and Meituan (3690) fell 3%.

Pharmaceutical stocks were also under pressure. WuXi (2269) fell 3.3%, AliHealth (0241) fell 2.1%, but Zhongsheng Pharmaceutical (1177) bucked the trend and rose 1.9% to 4.3 yuan.

In terms of financial stocks, HSBC (0005) fell 0.6% before the announcement of results, while its subsidiary Hang Seng (0011) rose 0.9%.

Hong Kong Stock Exchange (0388) fell 1.2% to 328.8 yuan.

As for resource stocks, China Hongqiao (1378) rose 2.4%, while Chalco (2600) rose 0.9%.

Mainland property stocks bucked the trend and rose. China Overseas (0688) rose 1.2%, China Land (1109) rose 3.2%, and Country Garden (2007) rose 1.1%.

【11:24】

The decline in Hong Kong stocks once expanded to more than 200 points. The Hang Seng Index was last at 20,691 points, down 195 points.

China Hongqiao (1378) continued to rise and was last reported at 9.43 yuan, up 3.6%. China Unicom (0762) rose 3.3%, and China Rundi (1109) rose 3.3%.

JD.com (9618) fell 6.6%, Meituan (3690) fell 2.5%, Tencent (0700) fell 2.1%, and Alibaba (9988) fell 1.8%.

【09:54】

Mainland property stocks were strong. China Overseas (0688) rose 7.4%, China Land (1109) rose 4.5%, Agile (3383) rose 5.6%, and Longfor (0960) rose 5.6%.

The Hang Seng Index turned up and was last reported at 20,906 points, up 19 points. The State Index rose 11 points to 7,075 points.

【09:35】

Meitu (1357), which announced its earnings announcement last year, will earn about 100 million yuan last year. It jumped 8% this morning and was last at 2.42 yuan. As for Langham (1270), which announced its results yesterday, it was last at 1.14 yuan, down 1.7%.

The decline in Hong Kong stocks expanded. The Hang Seng Index last reported 20,777 points, a drop of 109 points.

【09:25】

The Hang Seng Index was at 20859 points and opened 27 points lower, the State Index was at 7056 points and opened 7 points lower, and the KCI was at 4305 points and opened 6 points lower.

HSBC (0005) opened 0.7% lower at 58.35 yuan, and Hang Seng (0011) opened 0.3% higher at 124.5 yuan.

China Hongqiao (1378), which rose by 10% yesterday, opened slightly higher by 0.2% this morning, and the latest price was 9.12 yuan; its peer Chalco (2600) was last priced at 4.37 yuan, opening flat.

In terms of technology stocks, Ali (9988) was last reported at 99.5 yuan, up 0.1%, and JD.com (9618) was last at 205.4 yuan, opening 1% lower.

Source: hk1

All news articles on 2023-02-21

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