Following a four-day winning streak, Hong Kong's stock market saw a slight correction on Thursday morning (24th July). The Hang Seng Index opened 9 points lower, down 0.04%, at 25,528 points.
Meanwhile, the China Enterprises Index fell by 15 points, or 0.17%, to 9,225 points, and the Hang Seng Tech Index dropped 14 points, or 0.26%, to 5,730 points.
Financial stocks showed mixed performances. AIA Group rose 0.21%, while Ping An Insurance and Hong Kong Exchanges and Clearing remained unchanged. HSBC Holdings climbed 0.8%, trading at HK$100.8. Among major tech stocks, Meituan fell 0.15%, Trip.com dropped 0.3%, and Alibaba remained steady. On the other hand, Kuaishou gained 0.58%, Xiaomi increased 0.26%, and Tencent, which hit a yearly high yesterday, advanced further by 0.27%.
Source: Dimsumdaily
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