Midday Update: HSI Ends at 26,447, Down 39 Points; HSTI at 5,691, Up 8 Points; ANTA SPORTS Falls Over 5%; BIDU-SW, MTR CORPORATION, SKYWORTH, TCL ELECTRONICS, and SINOTRUK Reach New Highs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: aastocks
Market Performance: The HSI fell by 39 points (0.1%) to 26,447, while the HSTI rose by 8 points (0.1%) to 5,691, and the HSCEI decreased by 24 points (0.3%) to 9,070.
Active Heavyweights: Notable movements included XIAOMI down 2.3%, BABA up 1.1%, and TENCENT down 0.2%, with significant short selling activity across these stocks.
HSI & HSCEI Constituents: ANTA SPORTS and LI NING saw significant declines of 5.8% and 4%, respectively, while BIDU-SW increased by 3.3%, reaching a new high.
HSMI & HSSI Constituents: SKYWORTH surged by 37.6% to a new high, with TCL ELECTRONICS and SF INTRA-CITY also showing strong gains of 17.1% and 15.5%, respectively.
Analyst Views on 00066
Wall Street analysts forecast 00066 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00066 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: 32.700
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Current: 32.700
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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.
