Midday Update: HSI Ends at 26,775, Gaining 26 Points; HSTI at 5,722, Dropping 75 Points; ZIJIN MINING Rises Over 5%; ZIJIN MINING, SHK PPT, CNOOC, CKH HOLDINGS, and HANG LUNG PPT Reach New Peaks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: aastocks
Market Overview: The HSI rose by 26 points (0.1%) to 26,775, while the HSTI and HSCEI fell by 75 points (1.3%) to 5,722 and 7 points (0.1%) to 9,153, respectively.
Active Heavyweights Performance: Notable movements included Xiaomi down 2.3%, Ping An up 2.2%, Alibaba down 1.2%, Tencent up 0.9%, and Meituan down 0.9%.
Top Gainers and Losers: Zijin Mining and SHK PPT saw significant gains of 5.0% and 4.8%, respectively, while Tingyi and Baidu experienced declines of 4.6% and 4.0%.
Short Selling Insights: High short selling ratios were observed in several stocks, with notable figures including Kuaishou at 22.46% and Baidu at 34.60%, indicating investor caution.
Analyst Views on 00001
Wall Street analysts forecast 00001 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00001 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: 62.800
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Current: 62.800
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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.








