Hong Kong Stocks Open Lower on Friday

Tiger Newspress2022-03-18

Hong Kong stock market opens lower on Friday.The Hang Seng Index fall 1.3% and the Hang Seng Tech Index fall 2.8%.Tencent, Alibaba, Meituan, NetEase, Kuaishou fall between 2% and 8%.While Nio shares jumps nearly 7%.

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Comments

  • S071
    2022-03-25
    S071
    Ok
  • Remotecam
    2022-03-18
    Remotecam
    China needs to continually provide policy support to prop up the $HSI(HSI)$. Announcing such supports only once in a blue moon isn't going to help much.  Total covid lockdowns is so yesterday, when the world has moved to endemic stage.  
  • LimLS
    2022-03-18
    LimLS
    Profit taking in process. Also some might use this huge rebound as a chance to cut losses. Expecting price to go sideway for some time. Unless there is some news to move it upwards or downwards. Hopefully no more bad news... Don't chase price, the risk-reward is low, in my opinion.
  • 小虎一飞冲天
    2022-03-18
    小虎一飞冲天
    Like pls
  • StartSmall
    2022-03-18
    StartSmall
    Short Term Profit taking clearly 
  • koolgal
    2022-03-18
    koolgal
    After the strong uptrend some investors maybe locking in their profits.  Just a temporary setback as the market sentiment is now more positive.  Go HSI! 🚀🚀🚀🌙🌙🌙
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