Hong Kong stocks witnessed mixed trading trends today, driven by significant movement in major companies. Meituan (3690) rose 1.81%, closing at HKD 174.8, as investors showed renewed confidence in the tech sector. Similarly, Hong Kong Exchanges & Clearing (388) gained 0.96%, ending the session at HKD 314.6, maintaining its stability as a key financial services player.
Xiaomi Corporation (1810) recorded a modest rise of 0.97%, with shares priced at HKD 31.25, reflecting steady demand for consumer electronics. However, Tencent Holdings Limited (700) declined 0.67% to HKD 416.0 amid market volatility, signaling investor caution in the tech giant.
Mao Geping Cosmetics Co Ltd (1318) was the standout performer, experiencing a meteoric rise of 8,407.94%, closing at HKD 53.60. This unprecedented leap has drawn widespread attention, with analysts attributing the surge to strong earnings reports or significant developments within the company. Meanwhile, Kuaishou Technology (1024) slipped 0.52% to HKD 48.20, indicating mixed sentiments in the social media and entertainment sector.
Disclaimer:
Stock market investments are subject to market risks. This article is for informational purposes only and does not constitute financial advice. Always consult a professional before investing.