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Hang Seng Index Closed Down 120 Points &Nbsp; Pharmaceutical Stocks Rose Against The Market.

2010/6/30 16:29:00 44

US stocks are rushing down.

Hong Kong stocks

The opening of the market this morning dropped 20000 points, with a low of 19971.27 points, or nearly 280 points, and the subsequent decline gradually narrowed to 20000 points.

The Hang Seng Index closed down 120 points at 20129 points, or 0.59%, while the Hong Kong stock board traded 55 billion 500 million yuan a day, with the index closing down 50 points; the H-share index closed down 70 points at 11466 points, or 0.6% points.

In terms of classification index,

Finance

The index dropped by 1.15%, the real estate index fell 1.19%, the business classification index edged up 0.1%, and the public classification index increased 0.7%.

Hong Kong stocks closed half a year ago, while the Hang Seng Index fell nearly 8% in the first half of this year.

In the second quarter, the Hang Seng Index fell 5.2%, an increase of 2.9% over the first quarter.

But in June, the market improved, up 1.8%, reversing the 6.36% decline in May.

Blue chip stocks were developing separately, while HSBC (00005) fell 1.09%, while China Mobile (00941) first fell and then rose, rising 0.7% throughout the day. CNOOC went up 0.3% against the market and PetroChina rose 0.34%.

Because

Agricultural Bank of China

The reaction has not been ideal. Chinese financial stocks have lost much of the market, and the bank has fallen by 1.4%.

Foxconn (02038) issued a profit warning material, the medium-term deficit will be expanded, the big Morocco and other big cut its rating, the stock fell 6.9%, the largest blue chip stocks, Li and Fung fell 3.7%.

Most of the real estate stocks fell, letters and home buyers fell 2.77%, China's overseas development fell 2%, and agile residential real estate fell 2.53%.

Longhu's real estate market rose 3.5%.

Pharmaceutical stocks rebounded against the market. China's bio pharmaceuticals, Lijun international and Shen Wei pharmaceutical industry rose by over 3%, the Northeast Tiger pharmaceutical industry rose 3.2%, and Lang Sheng medicine rose 2%.

Cui Wenya, an analyst with Dun Pei financial market analysis and product support, said that Hong Kong stocks had fallen nearly 600 points on the two day, which was dragged down by the mainland. At present, the market atmosphere is not good, especially the initial reaction of the Agricultural Bank of China (01288) is weaker than expected. Cui Wen Ya said that the Credit Default Swap Based on Greece and other countries continued to rise, while Hong Kong's three month interbank interest rate also continued to rise to 0.57 percentage points, reflecting the fact that the funds did outflow in Hong Kong.