HSI Opens Down 84Pts; BIDU-SW Up 1% Ahead of Results; XIAOMI-W Down 1%+
AASTOCKS News·
- Hong Kong stocks opened lower on August 18, with the HSI dropping 84 points or 0.33 % to 25,368 following overnight US stock declines driven by Middle East tensions and rising oil prices.
- Major technology stocks softened broadly, while BIDU-SW rose 1 % and XIAOMI-W fell 1.47 % ahead of their quarterly results announcements today.
- Blue chip performances varied, with AIA sinking 1.43 % and CNOOC gaining 1 %, while GEELY AUTO dipped 0.21 % following a major management reshuffle.
