Hong Kong Stock Midday Review: The Hang Seng Index briefly returned to the 20,000 mark in the morning, with Chinese concept stocks collectively outperforming

USHK News
2024.12.16 04:01

According to Jinshi Data on December 16, after the Hang Seng Index fell below the 20,000 mark on Friday, it opened slightly lower this morning. It briefly returned above 20,000 points at the beginning of the session but then faced pressure and fell back, maintaining a fluctuating trend below water, with a low of 19,804.19 points. The Hang Seng Tech Index performed weakly, dropping nearly 1.5% at one point, but the decline narrowed before noon. As of the midday close, the Hang Seng Index fell 0.57% to 19,856.91 points, and the Tech Index fell 1.00% to 4,434.85 points, with a total market turnover of HKD 64.274 billion. On the market, state-owned enterprises stocks collectively outperformed the market, mobile game stocks showed mixed trends, and tech stocks faced downward pressure. In terms of individual stocks, China COSCO Shipping Holdings (01919.HK) rose 3.15%, China Telecom (00728.HK) rose 2.65%, XD INC (02400.HK) rose 12.76%, Bilibili (09626.HK) fell 1.10%, and SenseTime (00020.HK) fell 3.23%