US President Trump stated that the China-US Trade Association may be postponed until the US presidential election in November next year
In addition, the Hong Kong purchasing manager index fell to 38.5 in November, the worst since SARS in 2003, and the market is pessimistic. The sentiment pushed down the HSI once fell below the 26,000-point mark. It once fell 396 points to 25995 points, the lowest since October 11. The daily volatility was 196 points, and the final close was 26062 points, down 328 points. . Turnover continued to be weak, only 71.8 billion yuan.
The mainland stock market developed individually. The Shanghai Stock Exchange Index closed at 2878 points, down 0.23%; the Shenzhen Stock Exchange Index closed at 9687 points, up 0.31%.
Licheng’s only rising blue chip
Only one of the blue chips recorded an increase. Tencent (700) ‘s Nintendo Switch game console will be listed in the mainland on December 10, the stock price fell 0.73% to close at 328.6 yuan; it is rumored that the United States will rethink Huawei out of the financial system, lens module supplier Sunny (2382) It fell 3.49% to 124.6 yuan, the largest decline in blue chips. Geely (175) rose 0.54% against the market and closed at 14.98 yuan, which is already the best performing blue chip stock.
Chip stocks go up
The haze of Sino-U.S. Trade frictions has not disappeared. The market believes that China may switch to more domestic chips, and chip stocks are up against the market. Hua Hong Semiconductor (1347) rose 6.26% to close at 14.6 yuan; SMIC (981) rose 2.57% to close at 10.36 yuan. The weakening of the renminbi has led to the sale of Chinese property stocks, which are heavy assets. China Overseas (688) spit 3.09% to close at 26.7 yuan; R & F (2777) inserted 3.02% to close at 12.84 yuan.
Fu Long Securities co-director Tan Langwei said that under the internal and external troubles, the short-term upward trend of Hong Kong stocks is less than before, and the RMB exchange rate has weakened significantly. (Approximately 25600 levels).