HSI Opens Down 152 pts; TENCENT Opens 3%+ Lower After Results, LENOVO Bucks Trend to Open 3%+ Higher
AASTOCKS News·- Hong Kong stocks opened lower on 13 August 2026, with the HSI dropping 152 points to 25,288 following mixed performance in US markets. - Major tech stocks generally declined, as Tencent opened over 3% lower after reporting a 2Q26 capex surge to nearly RMB 52.8 billion and warning of potential share buyback reductions. - Lenovo bucked the broader market trend by opening over 3% higher, alongside gains in select blue-chip stocks like SMIC and Pop Mart.Wall Street Aims To Open Moderately Up
rttnews·- Wall Street futures indicate a moderate upward opening on Tuesday as investors await Middle East conflict discussions. - Nvidia partnered with major financial firms to raise $500 billion for artificial intelligence infrastructure. - Brent crude futures rose over 2 percent to $89.86 a barrel amid ongoing market developments.HSI Closes at 25,440, Down 212 pts; HSTI Closes at 4,776, Down 47 pts; BABA Down over 3%; Market Turnover Rises
AASTOCKS News·- The Hang Seng Index closed down 212 points at 25,440, with the Hang Seng Tech Index and HSCEI also recording declines. - Market turnover reached $216.78 billion as major heavyweights such as BABA dropped over 3%. - Individual constituents showed mixed movements, with specific stocks like LONGFOR and TINGYI posting notable gains while others like NTES declined.HSI Ends Down 212 pts; NTES Dives 5%; TENCENT Sags ~2%; CN Developers Leap after Midday
AASTOCKS News·- The Hang Seng Index fell 212 pts or 0.83% to close at 25,440 amid broad declines in major technology stocks. - Chinese property developers rallied sharply in the afternoon due to capital inflows and urban renewal expectations. - Several blue chips experienced notable gains following positive earnings and dividend announcements.HSI Opens Down 154 Pts; TENCENT Down 1%+ Ahead of Results; TINGYI Up ~3% After Results
AASTOCKS News·- The Hong Kong market opened lower following overnight declines in US stocks and rising Middle East uncertainties that pushed oil prices up. - The HSI opened down 154 points at 25,498, with major technology stocks broadly coming under pressure. - Individual stocks reacted to financial results, with TINGYI rising nearly 3% after reporting a 7.1% interim profit increase and MMG surging 5.62% following a record 1H profit.HSI Down 300 pts; HSTI Down 56 pts; BABA Down over 3%
AASTOCKS News·- At the midday close, the Hang Seng Index dropped 300 pts or 1.2 % to 25,352, while the Hang Seng Tech Index fell 56 pts or 1.2 % to 4,767. - Active heavyweights experienced declines, with Alibaba closing down 3.2 % at $122.3 and Tencent falling 2.9 % to $457. - Various constituent stocks moved differently, as Tingyi gained 4.8 % while WH Group dropped 4.8 %.HSI Down 284 pts; HSTI Down 95 pts; XIAOMI Down over 3%; SWIRE PACIFIC A, SITC Hit New Highs; Market Turnover Rises
AASTOCKS News·- The Hong Kong market closed lower, with the HSI dropping 284 pts or 1.1% to 25,652 and market turnover reaching $210.94 billion. - Major active heavyweights and constituents experienced declines, including XIAOMI down 3.5% and LAOPU GOLD down 8.5%. - SWIRE PACIFIC A and SITC bucked the trend by hitting new highs, closing up 0.9% and 0.1% respectively.HSI Opens Up 61 Pts, as BABA-W Up 2%, MINIMAX-W Up 4%+
AASTOCKS News·- The HSI opened higher at 25,998 points, rising 61 points or 0.24% amid mixed global market cues. - Major tech stocks showed varied performances, with BABA-W gaining 2.13% and MINIMAX-W soaring over 4%. - Spot gold rebounded above USD 4,400 per ounce, driving gains across gold mining and jewelry stocks.