Top 5 HK Stock Gainers/Losers (>100B) (8.21)
Top Gainers&Losers·
CLSA: US Treasury Interest Expenses Surge, Emerging Market Fund Flows Shift to Taiwan, S Korea and India
AASTOCKS News·- CLSA Securities reported that US federal debt exceeded USD 40 trillion and interest expenses doubled to USD 1.37 trillion. - Emerging market fund flows shifted, with Taiwan, South Korea, and India recording net foreign inflows while Brazil saw outflows. - August earnings forecast revisions strengthened globally, with developed markets reaching their strongest level since October 2021.Top 5 HK Stock Gainers/Losers (>100B) (8.20)
Top Gainers&Losers·- On August 20, the Hang Seng Index rose 0.8% and the Hang Seng Tech Index increased by 0.39%. - Among Hong Kong stocks with a market value exceeding 100 billion, Sino Biopharmaceutical surged 12.53% and Zijin Gold International gained 11.25%. - Conversely, Kuaishou-W dropped 11.01% and Hengrui Pharma declined 9.63%.