Stock market news : Meituan Drops 4.12% as Robosense Gains 6.38% Amid Mixed Hong Kong Stock Market Response

Hong Kong stocks experienced mixed responses as Meituan dropped 4.12% while Robosense surged 6.38%. Tencent Holdings recorded a modest 0.55% gain, reflecting varying sector performances.

The Hong Kong stock market saw a mixed session today, with prominent companies experiencing divergent movements. Meituan (3690) led the day’s losses, closing at HKD 158.4, down by 4.12%. The company faced selling pressure amid broader market uncertainties.

On the brighter side, Robosense Technology Co. Ltd (2498) emerged as the top gainer, soaring by 6.38% to HKD 25.00, driven by investor interest in technology stocks. Similarly, Xiaomi Corporation (1810) inched up 1.37% to close at HKD 29.50, showing optimism in the consumer electronics segment.

Tencent Holdings Limited (700), a bellwether for the market, reported a slight gain of 0.55%, ending at HKD 405.4. AIA Group Limited (1299) and NetEase Cloud Music Inc (9899) saw declines of 2.17% and 3.38%, respectively, reflecting pressure on financial and entertainment sectors.

Disclaimer: Stock market performance is subject to fluctuations and external factors. This report is for informational purposes only and does not constitute investment advice.