China-Singapore Jingwei, January 31 -- On the 31st, the three major indexes of Hong Kong stocks opened lower and moved lower. As of midday**, the Hang Seng Index was down 101% at 15544At 13 points, the Hang Seng Tech Index fell 205% to 3035At 3 points, the Hang Seng China Enterprises Index fell 105% at 5220 points. The half-day turnover of the market was HK$49.1 billion.
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Internet stocks fell, Xiaomi fell nearly 4%, Meituan, JD.com, and Alibaba fell more than 2%.
Apple concept stocks fell, Sunny Optical Technology fell nearly 10%, AAC Technology fell more than 6%, and Gao Wei Electronics fell more than 5%.
Auto stocks fell, with Leapmotor falling more than 7%, Wuling Motors and Weilai falling nearly 6%, and Xpeng Motors falling more than 4%.
Coal stocks were active, China Shenhua rose more than 2%, and Shougang Resources and China Coal Resources followed suit.
China Industrial Securities International said that the Hang Seng Index and the State-owned Enterprises Index fell below the 20-day moving level again, while the Hang Seng Technology Index fell below the all-moving level** and approached the low level of the year. If the Hang Seng Tech Index falls below this year's lows, it cannot be ruled out that other indices will also weaken, and the earlier strong stocks will also be dragged down. (Zhongxin Jingwei app).
The views in this article are for reference only and do not constitute investment advice. )
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