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akhwe
08-28

HK Stocks Fall. HSTECH Down Nearly 1%; InnoScience Surges 15%; SMIC up 11%; NIO Down 2%; Alibaba Down over 4%; JD.com Down 5%; XPeng Down 8%; Meituan Plunges over 12%

The price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment.

HK Stocks Fall. HSTECH Down Nearly 1%; InnoScience Surges 15%; SMIC up 11%; NIO Down 2%; Alibaba Down over 4%; JD.com Down 5%; XPeng Down 8%; Meituan Plunges over 12%

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HSTECH Down Nearly 1%; InnoScience Surges 15%; SMIC up 11%; NIO Down 2%; Alibaba Down over 4%; JD.com Down 5%; XPeng Down 8%; Meituan Plunges over 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1102942642","media":"Market Watcher","summary":"The price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment.","content":"<html><head></head><body><p>Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment.</p><p>HSI down 0.81%, HSCEI down 1.15%, and HSTECH down 0.94%. However, HSCCI rose by 0.35%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62f8f0ca4107e9077a1ebe2748da3b4b\" tg-width=\"954\" tg-height=\"147\"/></p><p>InnoScience, Horizon Robotics surged around 15%; SMIC rose by 11%; Trip.com up about 8%; NIO down 2%; Alibaba down over 4%; JD.com down 5%; XPeng down 8%; Meituan plunged over 12%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c359dae2d4ebf2ba4c9f985e0f8049c2\" tg-width=\"480\" tg-height=\"635\"/></p><p>In the semiconductor sector, stocks such as SMIC, InnoScience, and Hua Hong Semiconductor saw significant gains. SMIC rose by 10.76%, InnoScience by 15.43%, and Hua Hong Semiconductor by 8.44%.<br/><br/>Meituan experienced a significant stock decline, dropping by 12.55%. The company&#39;s Q2 adjusted net profit plunged by 89% due to increased competition in the instant retail sector while revenue only rose by 11.6%, missing expectations. Analysts have expressed concerns about the company&#39;s profitability and downgraded its rating leading to a YTD stock decline of 30.3%.<br/><br/>Alibaba&#39;s stock fell by 4.69% as the company is negotiating with banks to refinance a $6.5 billion loan due next year. The company&#39;s financial report indicated that its core business is affected by price wars and weak AI momentum, with net profit potentially impacted by the food delivery competition.<br/><br/>JD-SW also saw a decline of 5.03%, affected by the intense competition in the food delivery sector, leading to significant losses in its new business ventures.<br/><br/>Trip.com surged by 7.71% after releasing its Q2 2025 earnings report, showing a net income of 148.43 billion yuan, a 16.22% increase year-on-year, and a net profit of 48.46 billion yuan, a 26.43% increase year-on-year.<br/><br/>Xpeng-W dropped by 8.22%, despite the release of a new model, possibly due to the overall weakness in the Chinese concept stocks and the new energy vehicle sector.</p><p>Akeso fell by 3.06% after announcing the placement of 23.55 million new shares at HK$149.54 per share, raising approximately HK$3.493 billion for global and China innovation R&amp;D pipeline, platform construction, and commercialization of existing products.</p><p>Horizon Robotics saw a rise of 14.74% due to strong performance in the first half of the year, with revenue increasing by nearly 70%.</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>HK Stocks Fall. 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HSTECH Down Nearly 1%; InnoScience Surges 15%; SMIC up 11%; NIO Down 2%; Alibaba Down over 4%; JD.com Down 5%; XPeng Down 8%; Meituan Plunges over 12%\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\">2025-08-28 16:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment.</p><p>HSI down 0.81%, HSCEI down 1.15%, and HSTECH down 0.94%. However, HSCCI rose by 0.35%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62f8f0ca4107e9077a1ebe2748da3b4b\" tg-width=\"954\" tg-height=\"147\"/></p><p>InnoScience, Horizon Robotics surged around 15%; SMIC rose by 11%; Trip.com up about 8%; NIO down 2%; Alibaba down over 4%; JD.com down 5%; XPeng down 8%; Meituan plunged over 12%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c359dae2d4ebf2ba4c9f985e0f8049c2\" tg-width=\"480\" tg-height=\"635\"/></p><p>In the semiconductor sector, stocks such as SMIC, InnoScience, and Hua Hong Semiconductor saw significant gains. SMIC rose by 10.76%, InnoScience by 15.43%, and Hua Hong Semiconductor by 8.44%.<br/><br/>Meituan experienced a significant stock decline, dropping by 12.55%. The company&#39;s Q2 adjusted net profit plunged by 89% due to increased competition in the instant retail sector while revenue only rose by 11.6%, missing expectations. Analysts have expressed concerns about the company&#39;s profitability and downgraded its rating leading to a YTD stock decline of 30.3%.<br/><br/>Alibaba&#39;s stock fell by 4.69% as the company is negotiating with banks to refinance a $6.5 billion loan due next year. The company&#39;s financial report indicated that its core business is affected by price wars and weak AI momentum, with net profit potentially impacted by the food delivery competition.<br/><br/>JD-SW also saw a decline of 5.03%, affected by the intense competition in the food delivery sector, leading to significant losses in its new business ventures.<br/><br/>Trip.com surged by 7.71% after releasing its Q2 2025 earnings report, showing a net income of 148.43 billion yuan, a 16.22% increase year-on-year, and a net profit of 48.46 billion yuan, a 26.43% increase year-on-year.<br/><br/>Xpeng-W dropped by 8.22%, despite the release of a new model, possibly due to the overall weakness in the Chinese concept stocks and the new energy vehicle sector.</p><p>Akeso fell by 3.06% after announcing the placement of 23.55 million new shares at HK$149.54 per share, raising approximately HK$3.493 billion for global and China innovation R&amp;D pipeline, platform construction, and commercialization of existing products.</p><p>Horizon Robotics saw a rise of 14.74% due to strong performance in the first half of the year, with revenue increasing by nearly 70%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","HSCEI":"国企指数","HSTECH":"恒生科技指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102942642","content_text":"Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment.HSI down 0.81%, HSCEI down 1.15%, and HSTECH down 0.94%. However, HSCCI rose by 0.35%.InnoScience, Horizon Robotics surged around 15%; SMIC rose by 11%; Trip.com up about 8%; NIO down 2%; Alibaba down over 4%; JD.com down 5%; XPeng down 8%; Meituan plunged over 12%.In the semiconductor sector, stocks such as SMIC, InnoScience, and Hua Hong Semiconductor saw significant gains. SMIC rose by 10.76%, InnoScience by 15.43%, and Hua Hong Semiconductor by 8.44%.Meituan experienced a significant stock decline, dropping by 12.55%. The company's Q2 adjusted net profit plunged by 89% due to increased competition in the instant retail sector while revenue only rose by 11.6%, missing expectations. Analysts have expressed concerns about the company's profitability and downgraded its rating leading to a YTD stock decline of 30.3%.Alibaba's stock fell by 4.69% as the company is negotiating with banks to refinance a $6.5 billion loan due next year. The company's financial report indicated that its core business is affected by price wars and weak AI momentum, with net profit potentially impacted by the food delivery competition.JD-SW also saw a decline of 5.03%, affected by the intense competition in the food delivery sector, leading to significant losses in its new business ventures.Trip.com surged by 7.71% after releasing its Q2 2025 earnings report, showing a net income of 148.43 billion yuan, a 16.22% increase year-on-year, and a net profit of 48.46 billion yuan, a 26.43% increase year-on-year.Xpeng-W dropped by 8.22%, despite the release of a new model, possibly due to the overall weakness in the Chinese concept stocks and the new energy vehicle sector.Akeso fell by 3.06% after announcing the placement of 23.55 million new shares at HK$149.54 per share, raising approximately HK$3.493 billion for global and China innovation R&D pipeline, platform construction, and commercialization of existing products.Horizon Robotics saw a rise of 14.74% due to strong performance in the first half of the year, with revenue increasing by nearly 70%.","news_type":1,"symbols_score_info":{"HSTECH":1,"HSI":1,"HSCEI":1}},"isVote":1,"tweetType":1,"viewCount":603,"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":0,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}