Stock market news : Kuaishou Technology Surges 3.83% While Meituan Drops 2.75% in High-Volume Trading

Kuaishou Technology led gains with a 3.83% rise to 46.05 HKD, while Meituan fell 2.75%. Tencent, Xiaomi, and AIA Group saw significant volume amidst mixed market sentiment.

As of 11:17 AM HKT, Hong Kong’s stock market showcased mixed performances among its highest-volume stocks today. Kuaishou Technology emerged as the top gainer, rising 3.83% to close at 46.05 HKD, reflecting strong investor interest in the stock.

On the other hand, Meituan faced the steepest loss among high-volume equities, dropping by 2.75% to 162.5 HKD. Tencent Holdings Limited also dipped, closing 1.00% lower at 396.6 HKD, alongside Xiaomi Corporation, which ended at 28.10 HKD, a 1.58% decline.

The semiconductor sector showed similar struggles, with Semiconductor Manufacturing International Corporation (SMIC) falling 1.80% to close at 24.60 HKD.

Meanwhile, AIA Group Limited delivered a positive performance, gaining 2.04% to finish at 57.60 HKD, supported by strong investor demand in the financial sector.

Disclaimer:
The information provided is for informational purposes only and should not be considered investment advice. Always consult a qualified financial advisor before making investment decisions.