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HSI's Drop Widens to Over 200 pts; XINYI SOLAR, BYD Slump 7-8%; Yet Financials Up Broadly

AAStocks ·  Jun 16, 2021 03:43
Hang Seng Index widened its drop after lunch, last posted 28,418, down 220 pts or 0.8%, on a volume of $122.8 billion, with the debuting ANGELALIGN (06699.HK) accounting for over $5.7 billion.

Blue chips such as XINYI SOLAR (00968.HK) and BYD COMPANY (01211.HK) are pressurized as the former slumped 7%, last posted $13.84; and the latter plummeted 8.2%, last posted $206.

Contrary to the market's trend, most of the finance stocks steadied or even advanced, as CCB (00939.HK), ICBC (01398.HK), AIA (01299.HK) and HSBC HOLDINGS (00005.HK) rose 1-1.7% respectively.
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