Stock market news : Tencent Holdings Gains 2.69% Amid Market Optimism
Hong Kong's stock market showed a mixed response, with Tencent Holdings rising 2.69% and Meituan surging 6.90%. Xiaomi faced a 1.00% decline, reflecting varied investor sentiment.
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Hong Kong's stock market showed a mixed response, with Tencent Holdings rising 2.69% and Meituan surging 6.90%. Xiaomi faced a 1.00% decline, reflecting varied investor sentiment.
Hong Kong's stock market witnessed a mixed response as Tencent Holdings fell 7.28% and Xiaomi Corporation slid 5.92%. Meanwhile, Semiconductor Manufacturing Intl gained 5.06%, showcasing an upward trajectory.
Xiaomi Corporation surged 3.37% to 29.10 HKD, leading high-volume trades, while Tencent Holdings slipped 0.64% to 405.0 HKD. Semiconductor Manufacturing dropped 3.17% amid market pressures.
Hong Kong's high-volume stocks saw varied performances, with Kuaishou Technology gaining 2.80% to close at 51.45 HKD, while Xiaomi Corporation dropped 2.43%, ending at 28.10 HKD.
Hong Kong’s highest volume stocks displayed varied trends, with Tencent rising 1.05% to 405.2 HKD, while Meituan dipped 0.41%, closing at 168.9 HKD. Geely surged 5.46% to 13.90 HKD.
Hong Kong's highest volume stocks show mixed performance, with Tencent, Meituan, and Sunac China experiencing declines, while Semiconductor Manufacturing International sees a modest gain.
Semiconductor Manufacturing Int’l saw a 5.60% increase, leading gains among Hong Kong’s high-volume stocks, while Sunac China Holdings declined 5.50%, reflecting mixed market trends today.
The plant, expected to become operational in 2027, is strategically positioned to bolster Europe's semiconductor supply chain, particularly for the automotive and industrial sectors.