8th May 2025 - (Hong Kong) The U.S. Federal Reserve has opted to keep interest rates unchanged, with investors closely monitoring the upcoming weekend talks between China and the U.S. In the stock market trends, the Hang Seng Index opened lower by 102 points or 0.45%, standing at 22,589 points; the Hang Seng China Enterprises Index dropped by 26 points or 0.31%, reaching 8,216 points; while the Hang Seng Index declined by 14 points or 0.27%, settling at 5,185 points.
In the technology sector, stocks exhibited a generally soft trend, with Tencent falling by 0.5%; Alibaba by 0.4%; Meituan showing no significant change; Xiaomi Group dropping by 0.6%; JD.com Group declining by 0.3%; and Kuaishou showing no significant movement.
Financial stocks demonstrated mixed performance, with HSBC Holdings falling by 1%; AIA Insurance dropping by 1.2%; China Ping An declining by 0.8%; and Hong Kong Exchanges and Clearing rising by 0.1%.
The automotive sector displayed varying movements, with BYD Company shares falling by 0.6%; Geely Auto showing no significant change; NIO rising by 0.6%; XPeng Motors dropping by 0.4%; and Li Auto increasing by 1%.
Sumber : dimsumdaily.hk
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