HSI Rises Over 240 Points to Surpass 27,000 in Early Trading; Autonomous Driving Stocks Under Pressure; Hesai Drops Nearly 10%
US Tech Stocks and Fed Decision: The market was focused on the earnings of US tech stocks and the Federal Reserve's interest rate decision, with the three major US stock indices performing well overnight.
Hong Kong Market Performance: The Hong Kong stock market opened higher on the morning of the 27th, with the HSI gaining 244 points to reach 27,010, supported by a turnover of HKD42.354 billion.
Automotive Tech Stocks Decline: Stocks related to automotive chips and autonomous driving technology faced significant declines, with Hesai's US shares dropping 10.1% and its Hong Kong shares opening 8.7% lower.
Short Selling Activity: Several stocks, including ROBOSENSE and BIDU-SW, experienced notable short selling, with ratios indicating a high level of bearish sentiment among investors.
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HSI Rises Over 240 Points to Surpass 27,000 in Early Trading; Autonomous Driving Stocks Under Pressure; Hesai Plummets Nearly 10%
US Tech Stocks and Fed Decision: The market was focused on the earnings of US tech stocks and the Federal Reserve's interest rate decision, with the three major US stock indices performing well overnight.
Hong Kong Market Performance: The Hong Kong stock market opened higher on the 27th, with the HSI gaining 244 points to reach 27,010, supported by a turnover of HKD42.354 billion.
Automotive Tech Stocks Decline: Stocks related to automotive chips and autonomous driving technology faced significant declines, with Hesai's US shares dropping 10.1% and its Hong Kong shares opening 8.7% lower.
Short Selling Activity: Several stocks, including ROBOSENSE and HORIZONROBOT, experienced notable short selling, with ratios indicating increased bearish sentiment among investors.
HSI Rises Over 240 Points to Surpass 27,000 in Early Trading; Autonomous Driving Stocks Under Pressure; Hesai Drops Nearly 10%
US Tech Stocks and Fed Decision: The market was focused on the earnings of US tech stocks and the Federal Reserve's interest rate decision, with the three major US stock indices performing well overnight.
Hong Kong Market Performance: The Hong Kong stock market opened higher on the morning of the 27th, with the HSI gaining 244 points to reach 27,010, supported by a turnover of HKD42.354 billion.
Automotive Tech Stocks Decline: Stocks related to automotive chips and autonomous driving technology faced significant declines, with Hesai's US shares dropping 10.1% and its Hong Kong shares opening 8.7% lower.
Short Selling Activity: Several stocks, including ROBOSENSE and BIDU-SW, experienced notable short selling, with ratios indicating a high level of bearish sentiment among investors.
