Inflation in the United States last month was less than expected, and the US Federal Reserve kept interest rates unchanged while expecting to cut rates by only 0.25% this year. Hong Kong stocks opened higher in the morning, with$Hang Seng Index(800000.HK)$opening higher by 166 points or 0.9% to 18,104.$Hang Seng China Enterprises Index(800100.HK)$opened higher by 61 points or 1% to 6,420.$Hang Seng TECH Index(800700.HK)$opened 52 points or 1.4% higher at...
MCH Futures(JUN4) Forum
$Hang Seng Index(800000.HK)$ opened 92 points or 0.5% lower at 17,848. $Hang Seng China Enterprises Index(800100.HK)$ opened lower by 32 points or 0.5% at 6,342. $Hang Seng TECH Index(800700.HK)$ opened 21 points or 0.6% lower at 3,686.
E-commerce platform $JD-SW(09618.HK)$ adde...
As for dotcoms, $BABA-SW(09988.HK)$ dipped 1% at $73.75. $TENCENT(00700.HK)$ added 1% at $383.6. $MEITUAN-W(03690.HK)$ opened flat at $116.7. $JD-SW(09618.HK)$ lost 1.1%. $BILIBILI-W(09626.HK)$ ’s ADRs leaped 7.7%, and its H shares opened 4%...
China Passenger Car Association (CPCA) said that passenger car exports fell 9% MoM last month. $GEELY AUTO(00175.HK)$ sagged 1.1%. $BYD COMPANY(01211.HK)$ and $LI AUTO-W(02015.HK)$ sagged 1.1%. $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ sagged...
$MEITUAN-W(03690.HK)$ 's 1Q24 adjusted profit was RMB7.488 billion, close to the upper end of expectations, and its share price climbed 2% to $115. $NIO-SW(09866.HK)$ shed 6.6% to $38.5 after its q...
$MEITUAN-W(03690.HK)$ , which will announce its quarterly results in the next few days, opened rising 1.6% to $114.4. "DAEMON X MACHINA" operated by $TENCENT(00700.HK)$ is among ...
As for EV stocks, $BYD COMPANY(01211.HK)$ lifted 0.6% at $232. $LI AUTO-W(02015.HK)$ slid 2.8%. $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ dived 2.2% and 1.7%. $GWMOTOR(02333.HK)$ , with total sales in May falling 9.51% YoY and 3.52%...
$TENCENT(00700.HK)$ said that reports about it being asked to reduce WeChat Pay's market share are pure rumor. TENCENT's share price climbed 1.9% to $366.8.
For other techs, $BABA-SW(09988.HK)$ , $MEITUAN-W(03690.HK)$ and $NTES-S(09999.HK)$ gained 2%...
EV makers surged, with $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ rallying 9.2% and 5%. $BYD COMPANY(01211.HK)$ and $LI AUTO-W(02015.HK)$ shot up 2.1% and 3.8%.
For automakers, $GEELY AUTO(00175.HK)$ , $LI AUTO-W(02015.HK)$ and $XPENG-W(09868.HK)$ dropped 0.8%-1.2%. $NIO-SW(09866.HK)$ and $BYD COMPANY(01211.HK)$ gained 0.8% and 1.5%.
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