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Jujhar
2024-12-05

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Hong Kong Stocks Close Down, Boyaa Surges 22%, Meituan Falls 3.6%

On December 5, 2024, the Hong Kong stock market closed with mixed results. The Hang Seng Index fell by 0.92%, the Hang Seng China Enterprises Index dropped by 1.00%, the Hang Seng Tech Index decreased by 0.77%, and the Hang Seng China-Affiliated Corporations Index declined by 0.88%.In terms of sectors, the blockchain concept stocks saw significant gains, with Boyaa Interactive surging 22.49% due to Bitcoin's price breaking the $100,000 mark for the first time, leading to a collective rise i

Hong Kong Stocks Close Down, Boyaa Surges 22%, Meituan Falls 3.6%

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":378245093187856,"tweetId":"378245093187856","gmtCreate":1733387771248,"gmtModify":1733388692775,"author":{"id":4120390901052262,"idStr":"4120390901052262","authorId":4120390901052262,"authorIdStr":"4120390901052262","name":"Jujhar","avatar":"https://community-static.tradeup.com/news/00b4baf0e91aa7d2c5df0b3821b998f7","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","htmlText":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","text":"Share your opinion about this news…","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/378245093187856","repostId":1121422434,"repostType":2,"repost":{"id":"1121422434","kind":"news","weMediaInfo":{"introduction":"stay tuned on realtime market movements","home_visible":1,"media_name":"Market Watcher","id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"pubTimestamp":1733387634,"share":"https://ttm.financial/m/news/1121422434?lang=en_US&edition=fundamental","pubTime":"2024-12-05 16:33","market":"hk","language":"en","title":"Hong Kong Stocks Close Down, Boyaa Surges 22%, Meituan Falls 3.6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1121422434","media":"Market Watcher","summary":"On December 5, 2024, the Hong Kong stock market closed with mixed results. The Hang Seng Index  fell by 0.92%, the Hang Seng China Enterprises Index  dropped by 1.00%, the Hang Seng Tech Index  decreased by 0.77%, and the Hang Seng China-Affiliated Corporations Index  declined by 0.88%.In terms of sectors, the blockchain concept stocks saw significant gains, with Boyaa Interactive  surging 22.49% due to Bitcoin's price breaking the $100,000 mark for the first time, leading to a collective rise i","content":"<html><head></head><body><p>Hong Kong stocks retreated from a three-week high before a major policy conference in Beijing next week, as a new round of US-China tech curbs and worries about another trade war unsettled investors.</p><p>The Hong Kong stock market closed with mixed results. The Hang Seng Index (HSI) fell by 0.92%, the Hang Seng Tech Index (HSTECH) decreased by 0.77%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a761f09334f5138414f40fb17423ebae\" title=\"\" tg-width=\"387\" tg-height=\"739\"/></p><p><br/><br/>In terms of sectors, the blockchain concept stocks saw significant gains, with Boyaa ($00434$) surging 22.49% due to Bitcoin&#39;s price breaking the $100,000 mark for the first time, leading to a collective rise in related stocks. Meitu ($01357$) also rose by 6.29% after selling its cryptocurrency holdings for a substantial profit, which it plans to distribute as a special dividend.<br/><br/>Among individual stocks, Meituan ($03690$) fell 3.6%, Alibaba($09988$) fell 2.4%. Tencent ($00700$) increased by 0.50%, while Xiaomi-W ($01810$) rose by 1.20%, and BYD Electronic ($00285$) surged by 5.19%. Kingsoft Cloud ($03896$) saw a significant increase of 12.85%, and Mobvista ($01860$) rose by 6.40%.<br/><br/>Robosense ($02498$) saw a substantial rise of 21.91%, and Fourth Paradigm ($06682$) increased by 10.27%. Yidu Tech ($02158$) rose by 5.75%, and AInnovation ($02121$) gained 5.35%.</p><p>President Xi Jinping and top policymakers will gather at the annual central economic work conference next week, which is expected to spell out the nation’s major development policies for 2025. The meeting may offer clues on how China will respond to possible new US tariffs.</p><p style=\"text-align: start;\">China will ban the exports of critical minerals to the US, after Washington curbed shipments of advanced semiconductors to China. President-elect Donald Trump has pledged to imposed fresh tariffs on Chinese goods on his first day in office next month.</p><p style=\"text-align: start;\">“Trump’s re-election, together with the recent tech curbs by the US, has weighed on risk appetite and liquidity,” said Wu Xinkun, an analyst at Haitong Securities. “The market is worried about a potential escalation of the China-US tensions, which will hold back China’s economic fundamentals.”</p><p></p></body></html>","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 Close Down, Boyaa Surges 22%, Meituan Falls 3.6%</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, Boyaa Surges 22%, Meituan Falls 3.6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1027265475\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Watcher </p>\n<p class=\"h-time\">2024-12-05 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hong Kong stocks retreated from a three-week high before a major policy conference in Beijing next week, as a new round of US-China tech curbs and worries about another trade war unsettled investors.</p><p>The Hong Kong stock market closed with mixed results. The Hang Seng Index (HSI) fell by 0.92%, the Hang Seng Tech Index (HSTECH) decreased by 0.77%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a761f09334f5138414f40fb17423ebae\" title=\"\" tg-width=\"387\" tg-height=\"739\"/></p><p><br/><br/>In terms of sectors, the blockchain concept stocks saw significant gains, with Boyaa ($00434$) surging 22.49% due to Bitcoin&#39;s price breaking the $100,000 mark for the first time, leading to a collective rise in related stocks. Meitu ($01357$) also rose by 6.29% after selling its cryptocurrency holdings for a substantial profit, which it plans to distribute as a special dividend.<br/><br/>Among individual stocks, Meituan ($03690$) fell 3.6%, Alibaba($09988$) fell 2.4%. Tencent ($00700$) increased by 0.50%, while Xiaomi-W ($01810$) rose by 1.20%, and BYD Electronic ($00285$) surged by 5.19%. Kingsoft Cloud ($03896$) saw a significant increase of 12.85%, and Mobvista ($01860$) rose by 6.40%.<br/><br/>Robosense ($02498$) saw a substantial rise of 21.91%, and Fourth Paradigm ($06682$) increased by 10.27%. Yidu Tech ($02158$) rose by 5.75%, and AInnovation ($02121$) gained 5.35%.</p><p>President Xi Jinping and top policymakers will gather at the annual central economic work conference next week, which is expected to spell out the nation’s major development policies for 2025. The meeting may offer clues on how China will respond to possible new US tariffs.</p><p style=\"text-align: start;\">China will ban the exports of critical minerals to the US, after Washington curbed shipments of advanced semiconductors to China. President-elect Donald Trump has pledged to imposed fresh tariffs on Chinese goods on his first day in office next month.</p><p style=\"text-align: start;\">“Trump’s re-election, together with the recent tech curbs by the US, has weighed on risk appetite and liquidity,” said Wu Xinkun, an analyst at Haitong Securities. “The market is worried about a potential escalation of the China-US tensions, which will hold back China’s economic fundamentals.”</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","HSI":"恒生指数","HSTECH":"恒生科技指数","00434":"博雅互动","01357":"美图公司","HSCEI":"国企指数","01024":"快手-W","00285":"比亚迪电子","03690":"美团-W","02015":"理想汽车-W","09988":"阿里巴巴-W","UMCW.SI":"HSTECH 7xLongSG261105","01810":"小米集团-W","03896":"金山云","09866":"蔚来-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121422434","content_text":"Hong Kong stocks retreated from a three-week high before a major policy conference in Beijing next week, as a new round of US-China tech curbs and worries about another trade war unsettled investors.The Hong Kong stock market closed with mixed results. The Hang Seng Index (HSI) fell by 0.92%, the Hang Seng Tech Index (HSTECH) decreased by 0.77%.In terms of sectors, the blockchain concept stocks saw significant gains, with Boyaa ($00434$) surging 22.49% due to Bitcoin's price breaking the $100,000 mark for the first time, leading to a collective rise in related stocks. Meitu ($01357$) also rose by 6.29% after selling its cryptocurrency holdings for a substantial profit, which it plans to distribute as a special dividend.Among individual stocks, Meituan ($03690$) fell 3.6%, Alibaba($09988$) fell 2.4%. Tencent ($00700$) increased by 0.50%, while Xiaomi-W ($01810$) rose by 1.20%, and BYD Electronic ($00285$) surged by 5.19%. Kingsoft Cloud ($03896$) saw a significant increase of 12.85%, and Mobvista ($01860$) rose by 6.40%.Robosense ($02498$) saw a substantial rise of 21.91%, and Fourth Paradigm ($06682$) increased by 10.27%. Yidu Tech ($02158$) rose by 5.75%, and AInnovation ($02121$) gained 5.35%.President Xi Jinping and top policymakers will gather at the annual central economic work conference next week, which is expected to spell out the nation’s major development policies for 2025. The meeting may offer clues on how China will respond to possible new US tariffs.China will ban the exports of critical minerals to the US, after Washington curbed shipments of advanced semiconductors to China. President-elect Donald Trump has pledged to imposed fresh tariffs on Chinese goods on his first day in office next month.“Trump’s re-election, together with the recent tech curbs by the US, has weighed on risk appetite and liquidity,” said Wu Xinkun, an analyst at Haitong Securities. “The market is worried about a potential escalation of the China-US tensions, which will hold back China’s economic fundamentals.”","news_type":1,"symbols_score_info":{"00285":1.1,"09866":1.1,"01357":1.1,"03896":1.1,"00700":1.1,"HSI":1,"02015":1.1,"HSTECH":1,"HSCEI":1,"HOJW.SI":1,"09988":1.1,"00434":1.1,"DRKW.SI":1,"UMCW.SI":1,"03690":1.1,"01024":1.1,"01810":1.1}},"isVote":1,"tweetType":1,"viewCount":314,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}