HSI Opens 291 pts Lower as JD-SW Tumbles 7%+

Led by technology stocks, Hong Kong bourse opened lower in the morning market. At open, $Hang Seng Index (800000.HK)$ fell 291 points or 1.6% to 17,946. $Hang Seng China Enterprises Index (800100.HK)$ dropped 114 points or 1.8% to 6,152. $Hang Seng TECH Index (800700.HK)$ sagged 110 points or 2.7% to 3,908.

CICC issued a report expecting $JD-SW (09618.HK)$ 's 3Q23 revenue to miss expectations, and retail weakness may continue into 4Q23. JD-SW plummeted 7.4% to $109.

$SD GOLD (01787.HK)$ earned at least RMB1.2 billion in 1Q23 to 3Q23. It opened flat at $15.08. $CR BLDG MAT TEC (01313.HK)$ expected profit attributable to owners to decrease by maximum 63% in 1Q23 to 3Q23. It shed 3.3% to $2.05 this morning. $SA SA INT'L (00178.HK)$ expected to turn to loss in the interim results. It rose 1.9% to $1.09.