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<H Shrs>HSI Balloons 432 Pts on Settlement Date as HKEX Gains Post-Results; CN Insurers & Developers Elevate
Recommend 44 Positive 78 Negative 32 |
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The HSI inclined on settlement date, and climbed 432 points or 1.7% to close at 26,111. The HSCEI jumped up 160 points or 1.9% to close at 8,805. The HSTECH ballooned 82 points or 1.7% to close at 4,910. Total market turnover for the day amounted to $258.281 billion. For blue chip performance stocks, HKEX (00388.HK) mounted 3% after it reported a 27% increase in 1Q26 profit, beating expectation. BYD COMPANY (01211.HK) leaped 4.4% as its 1Q26 export sales rose 56% YoY. SINOPEC CORP (00386.HK) reported a 27% increase in 1Q26 net profit, boosting its share price by 2.4%. CNOOC (00883.HK) posted a 7% incline in 1Q26 net profit, and its stock price mushroomed 1.4%. PING AN (02318.HK)'s 1Q26 operating profit hiked 8%, beating market consensus, and its share price swelled 6.1%. CM BANK (03968.HK) recorded a 1.5% growth in 1Q26 net profit, missing market expectations, and its stock price cratered 4.2%. WH GROUP (00288.HK) reported a 9% YoY increase in 1Q26 profit, but its share price eroded 5.8%. Financial HSBC HOLDINGS (00005.HK) ticked up 0.3%, while AIA (01299.HK) shot up 2.2%. Chinese insurers CHINA TAIPING (00966.HK) and CHINA LIFE (02628.HK) advanced over 5%. Chinese developers CHINA OVERSEAS (00688.HK) and CHINA JINMAO (00817.HK) rallied 8.9% and 11.3%, while CHINA RES LAND (01109.HK), YUEXIU PROPERTY (00123.HK), CHINA VANKE (02202.HK) and GREENTOWN CHINA (03900.HK) escalated 6.3-7%. Auto-translated by AI AASTOCKS Financial News |
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