Hong Stocks Plummet Ahead of China's Manufacturing Data

MT Newswires Live07-30

Hong Stocks Plummet Ahead of China's Manufacturing Data Hong Kong stocks erased yesterday's gains to close in red on Tuesday, with investors readying themselves to manage the impact of a weak China's ...

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The Hang Seng China Enterprises Index fell by 1.54%, or 93.87 points, to close at 5,986.69.In corporate news, Hang Lung Properties (HKG:0101) recorded a profit attributable to shareholders of HK$1.06 billion for the six months ended June 30, lower as compared to the HK$2.39 billion logged in the corresponding period a year ago. The company's shares were down nearly 12% on Tuesday's close.Tsaker New Energy Tech (HKG:1986) expects a net profit of about 22.0 million yuan, representing a decrease of 21.0 million yuan or 48.8%, for the six months ended June 30, compared to the net profit of 43.0 million yuan for the previous year. The company's shares were down nearly 11% on market close.San Miguel Brewery Hong Kong's (HKG:0236) closed 9% lower as its attributable profit fell to HK$37.6 million in the first half from HK$48.5 million in the year-ago period. Basic earnings per share at the brewery decreased to HK$0.101 from HK$0.13 in the previous year.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"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":"4.29.2","shortVersion":"4.29.2","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/2455029596"}