<Midday Takeaway>HSI Closes Midday at 24,916, Down 165 pts; HSTI Closes Midday at 5,491, Down 55 pts; WHARF REIC Down over 9%; CHINAHONGQIAO, WH GROUP, VOBILE GROUP, REALORD GROUP, CMOC Hit New Highs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2025
0mins
Source: aastocks
Market Performance: The HSI dropped 165 points (0.7%) to 24,916, while the HSTI and HSCEI also saw declines of 1.0% and 0.6%, respectively. Major stocks like BABA, TENCENT, and XIAOMI experienced slight decreases in their closing prices.
Notable Stock Movements: WHARF REIC fell significantly by 9%, while CSPC PHARMA rose by 6.1%. Other notable movements included VOBILE GROUP increasing by 16.2% and HUTCHMED declining by 15.3%.
Analyst Views on 00013
Wall Street analysts forecast 00013 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00013 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.
0 Analyst Rating
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Current: 24.680
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Current: 24.680
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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.
