Hong Kong Stocks Close Down; SMIC Surges 6%; XPeng Falls 6%

Market Watcher2024-12-30

On December 30, 2024, the Hong Kong stock market closed fell. The Hang Seng Index (HSI) fell by 0.24%, the Hang Seng Tech Index (HSTECH) dropped by 0.84%.

In terms of sectors, the semiconductor sector saw significant gains, with SMIC rising by 6.36%. The tobacco sector also performed well, with Smoore International soaring by 16.34% after announcing a stock incentive plan for its executives and core employees. The biotech sector showed positive movement, with WuXi AppTec up by 5.01%. However, the internet technology sector experienced a slight decline, with Tencent up by 0.38% and Alibaba down by 0.43%.

Xiaomi-W rose by 0.88%. The stock benefited from a positive market outlook and an increase in target price by major institutions.

HaidiLao fell by 5.49%. The restaurant sector experienced weak same-store sales in November, leading to significant declines in stocks such as HaidiLao.

UBTech Robotics plummeted by 31.60%. The sharp decline was due to the termination of the concerted action agreement by the company's major shareholders, resulting in a significant drop in stock price and increased trading volume.

Hong Kong-listed shares of Chinese electric vehicle makers fell on Monday.

XPENG-W fell 6%; NIO-SW fell 4%; LI AUTO-W, GEELY AUTO fell 2%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

9

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1125077030?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-30 16:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1125077030","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Close Down; SMIC Surges 6%; XPeng Falls 6%","media":"Market Watcher","content":"<html><head></head><body><p>On December 30, 2024, the Hong Kong stock market closed fell. The Hang Seng Index (HSI) fell by 0.24%, the Hang Seng Tech Index (HSTECH) dropped by 0.84%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f015f44845ff151611caa8a2dd51b831\" title=\"\" tg-width=\"380\" tg-height=\"738\"/></p><p><br/>In terms of sectors, the semiconductor sector saw significant gains, with <a href=\"https://laohu8.com/S/00981\">SMIC</a> rising by 6.36%. The tobacco sector also performed well, with <a href=\"https://laohu8.com/S/06969\">Smoore International</a> soaring by 16.34% after announcing a stock incentive plan for its executives and core employees. The biotech sector showed positive movement, with <a href=\"https://laohu8.com/S/02359\">WuXi AppTec</a> up by 5.01%. However, the internet technology sector experienced a slight decline, with <a href=\"https://laohu8.com/S/00700\">Tencent</a> up by 0.38% and <a href=\"https://laohu8.com/S/09988\">Alibaba</a> down by 0.43%.</p><p><a href=\"https://laohu8.com/S/01810\">Xiaomi-W</a> rose by 0.88%. The stock benefited from a positive market outlook and an increase in target price by major institutions.</p><p><a href=\"https://laohu8.com/S/06862\">HaidiLao</a> fell by 5.49%. The restaurant sector experienced weak same-store sales in November, leading to significant declines in stocks such as HaidiLao.</p><p><a href=\"https://laohu8.com/S/09880\">UBTech Robotics</a> plummeted by 31.60%. The sharp decline was due to the termination of the concerted action agreement by the company&#39;s major shareholders, resulting in a significant drop in stock price and increased trading volume.</p><p>Hong Kong-listed shares of Chinese electric vehicle makers fell on Monday. </p><p><a href=\"https://laohu8.com/S/09868\">XPENG-W</a> fell 6%; <a href=\"https://laohu8.com/S/09866\">NIO-SW</a> fell 4%; <a href=\"https://laohu8.com/S/02015\">LI AUTO-W</a>, <a href=\"https://laohu8.com/S/00175\">GEELY AUTO</a> fell 2%.<br/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Close Down; SMIC Surges 6%; XPeng Falls 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Close Down; SMIC Surges 6%; XPeng Falls 6%\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-30 16:30 北京时间&nbsp;&nbsp;&nbsp;<strong>Market Watcher</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On December 30, 2024, the Hong Kong stock market closed fell. The Hang Seng Index (HSI) fell by 0.24%, the Hang Seng Tech Index (HSTECH) dropped by 0.84%.In terms of sectors, the semiconductor sector ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01810","symbol_name":"小米集团-W","start_time":0,"source_url":"","article_id":"1125077030","we_media_id":"1027265475","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125077030","pubTimestamp":1735547440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Watcher","introduction":"stay tuned on realtime market movements","home_visible":1,"id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"summary":"On December 30, 2024, the Hong Kong stock market closed with mixed results. The Hang Seng Index (HSI) fell by 0.24%, the Hang Seng China Enterprises Index (HSCEI) decreased by 0.34%, the Hang Seng Tec","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01810":"小米集团-W","00981":"中芯国际","06969":"思摩尔国际","00175":"吉利汽车","02359":"药明康德","02015":"理想汽车-W","00883":"中国海洋石油","02013":"微盟集团","09868":"小鹏汽车-W","HSCEI":"国企指数","06862":"海底捞","02269":"药明生物","HSI":"恒生指数","09961":"携程集团-S","09866":"蔚来-SW","HSTECH":"恒生科技指数"},"translate_title":"港股收跌；中芯国际大涨6%；小鹏汽车下跌6%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00175":1.1,"00883":1.1,"00981":1.1,"01810":1.1,"02013":1.1,"02015":1.1,"02269":1.1,"02359":1.1,"06862":1.1,"06969":1.1,"09866":1.1,"09868":1.1,"09961":1.1,"HSCEI":1,"HSI":1,"HSTECH":1},"content_text":"On December 30, 2024, the Hong Kong stock market closed fell. The Hang Seng Index (HSI) fell by 0.24%, the Hang Seng Tech Index (HSTECH) dropped by 0.84%.In terms of sectors, the semiconductor sector saw significant gains, with SMIC rising by 6.36%. The tobacco sector also performed well, with Smoore International soaring by 16.34% after announcing a stock incentive plan for its executives and core employees. The biotech sector showed positive movement, with WuXi AppTec up by 5.01%. However, the internet technology sector experienced a slight decline, with Tencent up by 0.38% and Alibaba down by 0.43%.Xiaomi-W rose by 0.88%. The stock benefited from a positive market outlook and an increase in target price by major institutions.HaidiLao fell by 5.49%. The restaurant sector experienced weak same-store sales in November, leading to significant declines in stocks such as HaidiLao.UBTech Robotics plummeted by 31.60%. The sharp decline was due to the termination of the concerted action agreement by the company's major shareholders, resulting in a significant drop in stock price and increased trading volume.Hong Kong-listed shares of Chinese electric vehicle makers fell on Monday. XPENG-W fell 6%; NIO-SW fell 4%; LI AUTO-W, GEELY AUTO fell 2%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":9,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1125077030"}