Midday Summary: HSI Ends at 26,158, Gaining 8 Points; HSTI at 5,674, Dropping 3 Points; XINYI SOLAR Falls Over 3%; CKI HOLDINGS, POWER ASSETS, ZHAOJIN MINING, CIMC ENRIC, ANE Reach New Peaks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: aastocks
Market Performance: The HSI rose slightly by 8 points to 26,158, while the HSTI and HSCEI experienced minor declines and gains, closing at 5,674 and 9,042 respectively.
Active Heavyweights: BABA saw a notable increase of 2.8% to close at $146.6, while Meituan, Tencent, Ping An, and Xiaomi all experienced declines in their stock prices.
Constituents on the Move: Xinyi Solar and CKI Holdings had contrasting performances, with Xinyi Solar down 3.1% and CKI Holdings up 2.2%, reaching a new high.
HSMI & HSSI Highlights: Zhaojin Mining and CIMC Enric both achieved significant gains, with Zhaojin Mining up 3.9% and CIMC Enric up 3.1%, both hitting new highs.
Analyst Views on 00006
Wall Street analysts forecast 00006 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00006 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: 55.650
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Current: 55.650
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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.
