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<H Shrs>HSI Closes Down 8 Pts as BYD Series Soften Post-results; BRIGHT SMART Soars 82% on Trading Resumption
Recommend 63 Positive 102 Negative 55 |
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The HSI faded 8 points to close at 21,971. The HSCEI ebbed less than 1 point to close at 8,080. The HSTECH ticked up 5 points or 0.1% to close at 4,988. Total market turnover for the day amounted to $169.031 billion. BYD ELECTRONIC (00285.HK) reported a nearly 2% rise in its 1Q25 net profit, just missing the lower end of some market consensus, but its share price slumped 8.5%. Automaker BYD COMPANY (01211.HK) cascaded 4% even though its 1Q net profit grew 1x, in line with expectations. GWMOTOR (02333.HK)'s 1Q net profit plummeted 46%, missing forecast, but its stock price gained 1.6%. LEAPMOTOR (09863.HK) climbed 2.7%. BRIGHT SMART (01428.HK) transferred over 50% stake to Ant Holdco, triggering a technical buyout. Its share price snowballed 82% to close at $5.55 on trading resumption, with a turnover $3.504 billion. YUNFENG FIN (00376.HK) also rocketed 57.5% to close at $1.48, with a turnover of $33.98 million. AAStocks Financial News |
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