Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle

30
4
Favorite

Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle

South China Morning Post2023-02-06

Hong Kong stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...

Source Link

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.

Report

Comment（4）

GohTo
·2023-02-06
Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking positive anyways. For the long haul, this might bea great opportunity to leverage these companies prices.
Reply
13
Report
Fold Replies
- albert77:
  k
  2023-02-06
  Reply
  Report
- ALai:
  k
  2023-02-06
  Reply
  Report
- NewPower:
  👍
  2023-02-06
  Reply
  Report
View more 2 comments
valentia
·2023-02-06
That's what the stock market is all about 😂
Reply
1
Report
Fold Replies
- Louis7779:
  Pls like my post thanks
  2023-02-06
  Reply
  Report
SteveTan1
·2023-02-06
Quite a long of investors are still adapting to wait and see approach.
Reply
3
Report
Limwy
·2023-02-06
Here we go again
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1116061984?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-02-06 11:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1116061984","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","media":"South China Morning Post","content":"<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Source Link</a>\n\n</div>\n","source":"lsy1600132093512","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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">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":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","article_id":"1116061984","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","pubTimestamp":1675653817,"sourceInfo":{"source_id":"lsy1600132093512","name":"South China Morning Post"},"weMediaInfo":null,"summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","collect":0,"end_time":0,"defaultTopTitle":"scmp.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09988":"阿里巴巴-W","09866":"蔚来-SW"},"translate_title":"随着中国重新开放贸易减弱和企业盈利困难，香港股市下跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09866":0.9,"09988":0.9},"content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","kind":null,"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":1},"commentList":[{"id":9955434094,"gmtCreate":1675659104818,"gmtModify":1676539939314,"author":{"id":"4135941909903582","authorId":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4135941909903582","authorIdStr":"4135941909903582"},"htmlText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","listText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","text":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking positive anyways. For the long haul, this might bea great opportunity to leverage these companies prices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/9955434094","repostId":1116061984,"repostType":4,"repost":{"id":"1116061984","pubTimestamp":1675653817,"share":"https://ttm.financial/m/news/1116061984?lang=&edition=fundamental","pubTime":"2023-02-06 11:23","market":"hk","language":"en","title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","media":"South China Morning Post","summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/23ffb9598cdc77f2b054e325b9ddc260\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.</p><p>The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.</p><p><img src=\"https://static.tigerbbs.com/3b22b014614e983c99ee4cede44d0bec\" tg-width=\"830\" tg-height=\"160\" width=\"100%\" height=\"auto\"/></p><p>Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.</p><p><img src=\"https://static.tigerbbs.com/40217ac12b3a98d47795d1abc2662e4c\" tg-width=\"426\" tg-height=\"528\" width=\"100%\" height=\"auto\"/></p><p>The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.</p><p>Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.</p><p>“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.</p><p>Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.</p></body></html>","source":"lsy1600132093512","collect":0,"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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09988":"阿里巴巴-W"},"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116061984","content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105733608,"gmtCreate":1675663976411,"gmtModify":1675663979592,"authorId":3575421087208890,"author":{"id":3575421087208890,"idStr":"3575421087208890","authorId":3575421087208890,"name":"albert77","avatar":"https://static.tigerbbs.com/23ad8bf74e09800b779350089d72b84f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955434094,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":105733605,"gmtCreate":1675663954867,"gmtModify":1675663958550,"authorId":3573337026471036,"author":{"id":3573337026471036,"idStr":"3573337026471036","authorId":3573337026471036,"name":"ALai","avatar":"https://static.tigerbbs.com/d7603bc0541524e581c6013e44dbc73c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955434094,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"},{"id":105733590,"gmtCreate":1675663915734,"gmtModify":1675663940532,"authorId":3581949889928488,"author":{"id":3581949889928488,"idStr":"3581949889928488","authorId":3581949889928488,"name":"NewPower","avatar":"https://static.tigerbbs.com/6dd5250c3ee8b6d26b5be75d2771a0b3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955434094,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"},{"id":105733571,"gmtCreate":1675663731239,"gmtModify":1675663734968,"authorId":4091884668412330,"author":{"id":4091884668412330,"idStr":"4091884668412330","authorId":4091884668412330,"name":"Sagu","avatar":"https://static.tigerbbs.com/3aaf50a784d504c2e98ff3a8e898a5b3","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955434094,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Task<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">Task<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Task<span class=\"Apple-converted-space\"> </span></span>"},{"id":105733562,"gmtCreate":1675663522301,"gmtModify":1675663525783,"authorId":4100833454173050,"author":{"id":4100833454173050,"idStr":"4100833454173050","authorId":4100833454173050,"name":"DiAngel","avatar":"https://community-static.tradeup.com/news/f7c2ee91188421bf874cdbc97fb77886","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.20","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955434094,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9955436877,"gmtCreate":1675656140099,"gmtModify":1676539938744,"author":{"id":"4116569270341752","authorId":"4116569270341752","name":"valentia","avatar":"https://community-static.tradeup.com/news/64f8204fb4e5976eb0c1960943ccb2a2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4116569270341752","authorIdStr":"4116569270341752"},"htmlText":"That's what the stock market is all about 😂","listText":"That's what the stock market is all about 😂","text":"That's what the stock market is all about 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955436877","repostId":1116061984,"repostType":2,"repost":{"id":"1116061984","pubTimestamp":1675653817,"share":"https://ttm.financial/m/news/1116061984?lang=&edition=fundamental","pubTime":"2023-02-06 11:23","market":"hk","language":"en","title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","media":"South China Morning Post","summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/23ffb9598cdc77f2b054e325b9ddc260\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.</p><p>The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.</p><p><img src=\"https://static.tigerbbs.com/3b22b014614e983c99ee4cede44d0bec\" tg-width=\"830\" tg-height=\"160\" width=\"100%\" height=\"auto\"/></p><p>Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.</p><p><img src=\"https://static.tigerbbs.com/40217ac12b3a98d47795d1abc2662e4c\" tg-width=\"426\" tg-height=\"528\" width=\"100%\" height=\"auto\"/></p><p>The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.</p><p>Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.</p><p>“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.</p><p>Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.</p></body></html>","source":"lsy1600132093512","collect":0,"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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09988":"阿里巴巴-W"},"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116061984","content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105733034,"gmtCreate":1675658644283,"gmtModify":1675658648091,"authorId":3579095725705542,"author":{"id":3579095725705542,"idStr":"3579095725705542","authorId":3579095725705542,"name":"Louis7779","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955436877,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Pls like my post thanks<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">Pls like my post thanks<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Pls like my post thanks<span class=\"Apple-converted-space\"> </span></span>"}],"langContent":"EN"},{"id":9955438161,"gmtCreate":1675654948953,"gmtModify":1676539938607,"author":{"id":"4091343496242080","authorId":"4091343496242080","name":"SteveTan1","avatar":"https://static.tigerbbs.com/7d55ede77af4234570420f4ccc08177a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4091343496242080","authorIdStr":"4091343496242080"},"htmlText":"Quite a long of investors are still adapting to wait and see approach.","listText":"Quite a long of investors are still adapting to wait and see approach.","text":"Quite a long of investors are still adapting to wait and see approach.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955438161","repostId":1116061984,"repostType":2,"repost":{"id":"1116061984","pubTimestamp":1675653817,"share":"https://ttm.financial/m/news/1116061984?lang=&edition=fundamental","pubTime":"2023-02-06 11:23","market":"hk","language":"en","title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","media":"South China Morning Post","summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/23ffb9598cdc77f2b054e325b9ddc260\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.</p><p>The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.</p><p><img src=\"https://static.tigerbbs.com/3b22b014614e983c99ee4cede44d0bec\" tg-width=\"830\" tg-height=\"160\" width=\"100%\" height=\"auto\"/></p><p>Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.</p><p><img src=\"https://static.tigerbbs.com/40217ac12b3a98d47795d1abc2662e4c\" tg-width=\"426\" tg-height=\"528\" width=\"100%\" height=\"auto\"/></p><p>The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.</p><p>Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.</p><p>“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.</p><p>Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.</p></body></html>","source":"lsy1600132093512","collect":0,"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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09988":"阿里巴巴-W"},"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116061984","content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9955431419,"gmtCreate":1675654420231,"gmtModify":1676539938553,"author":{"id":"3575713286442926","authorId":"3575713286442926","name":"Limwy","avatar":"https://community-static.tradeup.com/news/3553ad0eb1015cc94291c1ae10f2dbab","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3575713286442926","authorIdStr":"3575713286442926"},"htmlText":"Here we go again","listText":"Here we go again","text":"Here we go again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955431419","repostId":1116061984,"repostType":2,"repost":{"id":"1116061984","pubTimestamp":1675653817,"share":"https://ttm.financial/m/news/1116061984?lang=&edition=fundamental","pubTime":"2023-02-06 11:23","market":"hk","language":"en","title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","media":"South China Morning Post","summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/23ffb9598cdc77f2b054e325b9ddc260\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.</p><p>The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.</p><p><img src=\"https://static.tigerbbs.com/3b22b014614e983c99ee4cede44d0bec\" tg-width=\"830\" tg-height=\"160\" width=\"100%\" height=\"auto\"/></p><p>Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.</p><p><img src=\"https://static.tigerbbs.com/40217ac12b3a98d47795d1abc2662e4c\" tg-width=\"426\" tg-height=\"528\" width=\"100%\" height=\"auto\"/></p><p>The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.</p><p>Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.</p><p>“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.</p><p>Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.</p></body></html>","source":"lsy1600132093512","collect":0,"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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </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 Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09988":"阿里巴巴-W"},"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116061984","content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":30,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}