HSI Dips 128 Points at Close as BIDU-SW Weakens; GEELY AUTO Rises Over 3%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2025
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Source: aastocks
Market Performance: The HSI closed down 128 points (0.5%) at 26,829, with the HSCEI and HSTECH also experiencing declines, while total market turnover reached $173.803 billion.
Tech Stock Movements: Major tech stocks like BABA-W and BIDU-SW fell by 1.6% and 3%, respectively, while NTES-S saw a gain of 2.9%. Xiaomi's stock remained flat despite positive sales news.
Automobile Industry Outlook: The China Association of Automobile Manufacturers predicts 5-10% YoY sales growth for the current quarter, with several automakers like XPENG-W and BYD COMPANY showing gains.
Notable Stock Changes: PATEO surged 20.5% after a partnership announcement, while CATL and HESAI-W saw declines of 2.6% and 5.5%, respectively.
Analyst Views on 00020
Wall Street analysts forecast 00020 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00020 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 2.490
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Current: 2.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
