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<H Shrs>HSI Opens Up 656 pts; HSBC Up 6%+; CNOOC Down 5%+
Recommend 7 Positive 4 Negative 6 |
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The US and Iran agreed to a two-week ceasefire. Hong Kong bourse resumed trading after the Easter and Ching Ming holidays. The HSI opened up 656 points, or 2.6%, at 25,772. The HSCEI opened up 141 points, or 1.7%, at 8,598. The HSTECH opened up 137 points, or nearly 3%, at 4,817. US-Iran negotiations were held on Friday (10th) in Pakistan's capital. During the ceasefire period, Iran and Oman will reportedly charge fees to vessels passing through the Strait of Hormuz. International oil prices tumbled. CNOOC (00883.HK) opened down 5.3%, rendering it the worst-performing blue chip. PETROCHINA (00857.HK) opened down 2.7%. SINOPEC CORP (00386.HK) opened up 0.7%. Gold miner ZIJIN MINING (02899.HK) opened up 4.2%. Resources stock CMOC (03993.HK) opened up nearly 7%. China’s State Administration for Market Regulation required MEITUAN-W (03690.HK), Taobao Instant Commerce and JD-SW (09618.HK) to strengthen their primary responsibility for food safety. Meituan and JD each opened up 2.9%. Among other techs, TENCENT (00700.HK) opened up 3.1% and BABA-W (09988.HK) opened up 2.9%. BILIBILI-W (09626.HK), KUAISHOU-W (01024.HK), BIDU-SW (09888.HK) and NTES-S (09999.HK) opened up 2.9-5.9%. Among financials, HSBC HOLDINGS (00005.HK) opened up 6.2%, HKEX (00388.HK) opened up 3.4%, and AIA (01299.HK) opened up nearly 5%. Auto-translated by AI AASTOCKS Financial News |
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