HSI Slides 342 Pts; Techs & Pharmas Gloom
$Hang Seng Index(800000.HK$ concluded the day at 19,617, down 342 pts or 1.7%. $Hang Seng China Enterprises Index(800100.HK$ sagged 131 pts or 2% to 6,601. $Hang Seng TECH Index(800700.HK$ faded 137 pts or 3.5% to 3,824. The turnover aggregated $106.657 billion.
Techs slid as the market continued to be watchful of the Sino-US relations:
$BABA-SW(09988.HK$ dived 3.2% to $84.1.
$TENCENT(00700.HK$ sank 1.9% to $338.4.
$MEITUAN-W(03690.HK$ , $XIAOMI-W(01810.HK$ , $JD-SW(09618.HK$ , $NTES-S(09999.HK$ , $KUAISHOU-W(01024.HK$ and $BILIBILI-W(09626.HK$ lost 3.7%-4.4%.
$BIDU-SW(09888.HK$ slipped 3.7% on report that the internal test for ERNIE Bot's corporate services was purportedly kicked off.
Pharmas plummeted:
$CSPC PHARMA(01093.HK$ , $SINO BIOPHARM(01177.HK$ and $INNOVENT BIO(01801.HK$ tumbled 4.4%-5.6%. $FOSUN PHARMA(02196.HK$ stumbled 6.4%. $GENSCRIPT BIO(01548.HK$ and $CANSINOBIO(06185.HK$ nosedived over 8%. $WUXI APPTEC(02359.HK$ nosedived over 8%.
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