HSI Slides 247 Pts; Handsets/ Chips Meager
$Hang Seng Index(800000.HK$ plummeted 247 pts or 1.3% to close at 18,202. $Hang Seng China Enterprises Index(800100.HK$ lost 89 pts or 1.4% to close at 6,314. $Hang Seng TECH Index(800700.HK$ sank 85 pts or 2% to close at 4,091. Market turnover totaled $86.846 billion for the whole day.
Techs sagged along with the external market. As $Apple(AAPL.US$ came under pressure, $SUNNY OPTICAL(02382.HK$ plummeted 7% and 4.3%, and $AAC TECH(02018.HK$ slumped 3.5%. Chip equipment maker $ASMPT(00522.HK$ slipped 2.6%, while chip stocks $SMIC(00981.HK$ and $HUA HONG SEMI(01347.HK$ dived 7.6% and 5.7%, amidst concern of spicier chip tech control by the US on China.
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HopelessChi : tomorrow just from ADRs will erased another 100 over points. No one is saving them. financial market reflect how people view them. CCP is losing it