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<H Shrs>HSI Opens 100 Pts Lower as WUXI BIO Sags 3.6%; Oils Continue to Gain
Recommend 95 Positive 169 Negative 61 |
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Hong Kong stocks opened lower in the morning session. The HSI opened 100 points or 0.4% lower at 23,791. The HSCEI opened 32 points or 0.4% lower at 8,622. The HSTECH opened 32 points or 0.6% lower at 5,207. WUXI BIO (02269.HK) cascaded 3.6% to $27 as its major shareholder sold 82.94 million shares at a 5% discount, cashing in over $2.2 billion. WUXI APPTEC (02359.HK) and SINO BIOPHARM (01177.HK) shed 1.6% each. For financials, HSBC HOLDINGS (00005.HK) slid 0.5% to $91.8, while HKEX (00388.HK) lost 1.1%. AIA (01299.HK) ebbed 0.2%. Oil prices continued to hike, with PETROCHINA (00857.HK), KUNLUN ENERGY (00135.HK) and CNOOC (00883.HK) adding 0.9-1.2%. AASTOCKS Financial News Website: www.aastocks.com |
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