Market Performance - The Hong Kong stock market experienced a decline in the afternoon, with the Hang Seng Index dropping by 1.18%, the Hang Seng China Enterprises Index falling by 1.07%, and the Hang Seng Tech Index decreasing by 0.74% after reaching a new high earlier [1] - Major technology stocks, which are considered market indicators, all fell, including Alibaba down by 2.57%, Meituan, Abidu, and JD.com each down nearly 2%, and Tencent down by 0.81% [1] Real Estate Sector - Following the recent adjustment in Shanghai's purchase restrictions, the market is perceived to require "sustained support," leading to a significant drop in domestic property stocks, with Greentown China falling over 6% and New City Development and others down over 5% [1] Financial Sector - Chinese brokerage and banking stocks also saw a general decline, contributing to the market's downturn, with China Galaxy and CICC each dropping over 3% [1] Other Sectors - Semiconductor, military, coal, education, mobile gaming, and brain-computer interface concept stocks generally fell [1] - Conversely, gold stocks surged due to clearer expectations of interest rate cuts from the Federal Reserve, with China Gold International rising over 10% and Lingbao Gold increasing by over 9% [1] - Most Apple-related stocks, automotive stocks, and new consumption concept stocks saw gains [1] New Listings - Shuangdeng Co. had a strong debut, soaring over 31% on its first trading day [1]
港股收评:午后跳水!恒指跌超1%,科技股、金融股低迷,黄金股走强明显
Ge Long Hui·2025-08-26 08:23