HSTI dived 5.8% to last at 6,846 at the immediate market low, being in downtrend for two trading days, while Nasdaq Composite Index rose for four days with 1% hike last Friday, logging a new record.
30 HSTI constituents tracked over 2%-32% slide, except for SMIC (00981.HK), which added over 1%. KOOLEARN (01797.HK), being the top loser, tumbled 32% to $4.02. China's State Council specified that tutoring and training centers in China for school subjects are prohibited in listing or capitalization operation.
KUAISHOU-W (01024.HK), ALI HEALTH (00241.HK), WEIMOB INC (02013.HK), MING YUAN CLOUD (00909.HK), GDS-SW (09698.HK), NTES-S (09999.HK), JD HEALTH (06618.HK) and BILIBILI-SW (09626.HK) cascaded over 8.5%-13%.
BIDU-SW (09888.HK), BABA-SW (09988.HK), TENCENT (00700.HK), JD-SW (09618.HK) and MEITUAN-W (03690.HK) slumped 4.7%-8%. China's SAMR ordered TENCENT to give up online music label exclusivity in 30 days.
30 HSTI constituents tracked over 2%-32% slide, except for SMIC (00981.HK), which added over 1%. KOOLEARN (01797.HK), being the top loser, tumbled 32% to $4.02. China's State Council specified that tutoring and training centers in China for school subjects are prohibited in listing or capitalization operation.
KUAISHOU-W (01024.HK), ALI HEALTH (00241.HK), WEIMOB INC (02013.HK), MING YUAN CLOUD (00909.HK), GDS-SW (09698.HK), NTES-S (09999.HK), JD HEALTH (06618.HK) and BILIBILI-SW (09626.HK) cascaded over 8.5%-13%.
BIDU-SW (09888.HK), BABA-SW (09988.HK), TENCENT (00700.HK), JD-SW (09618.HK) and MEITUAN-W (03690.HK) slumped 4.7%-8%. China's SAMR ordered TENCENT to give up online music label exclusivity in 30 days.