31st July 2025 - (Hong Kong) On the final trading day of July, the Hang Seng Index opened 194 points, or 0.77%, lower at 24,982. The China Enterprises Index fell by 61 points, or 0.68%, to 8,976, while the Technology Index declined 31 points, or 0.58%, to 5,458. WuXi AppTec saw its share price drop 4% after a discounted share placement.
Technology stocks broadly weakened, with Meituan leading the decline, falling 3.06%. Alibaba slipped 0.95%, Xiaomi Group dropped 0.82%, Trip.com Group eased 0.57%, and Tencent edged down 0.36%.
Financial stocks also displayed weakness. HSBC Holdings extended its losses by 1.34%, closing at HK$95.65. AIA fell 1.41%, Hong Kong Exchanges and Clearing dropped 1.15%, and Ping An Insurance declined 0.53%.
Sumber : dimsumdaily.hk
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