Hong Kong Stock Midday Review: The Hang Seng Index fluctuates widely below water, with real estate and financial stocks under significant pressure

USHK News
2024.12.19 04:06

According to Jinshi Data on December 19, U.S. stocks fell sharply overnight due to the Federal Reserve's interest rate decision, with the Hang Seng Index opening over 200 points lower in the morning. The decline narrowed at one point, but the lack of upward momentum led to a further drop, maintaining a fluctuation of 200 points down. As of the midday close, the Hang Seng Index fell by 1.00%, closing at 19,666.12 points, while the Tech Index dropped by 1.32%, closing at 4,409.88 points, with a total market turnover of HKD 65.405 billion. On the market, most sectors were in the red, with airline stocks rebounding against the trend, automotive stocks showing mixed performance, and real estate and financial stocks under significant pressure. In terms of individual stocks, XPeng (09868.HK) fell by 3.29%, Sunac China (01918.HK) dropped by 3.27%, China Southern Airlines (01055.HK) rose by 3.75%, and Industrial and Commercial Bank of China (01398.HK) fell by 0.41%