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Hong Kong stocks closed (07.16) | The Hang Seng Index fell by 1.6%. Science and technology stocks, financial stocks were under pressure. Apple suppliers performed well against the market trend.
According to the WiseNews app, Hong Kong shares continued their decline from yesterday, with the three major indexes continuing to be under pressure. The Hang Seng Index fell below the 18,000 mark, while the Hang Seng Tech Index fell nearly 2% intraday. At the close, the Hang Seng Index fell 1.6%, or 287.96 points, to 17,727.98, with a total daily turnover of HKD 94.243 billion; the Hang Seng China Enterprises Index fell 1.64% to 6,316.53; and the Hang Seng Tech Index fell 1.35% to 3,622.84 points. Guoyuan International believes that since the current valuation of Hong Kong stocks is still relatively low, they will be particularly sensitive to external environmental changes, especially changes in the Federal Reserve's interest rates, so Hong Kong stocks this year.
Hong Kong stock market news: Harbin Electric (01133) opened nearly 15% higher, and it is expected that the net profit in the first half of the year will increase by about 5.2 times year-on-year.
Harbin Electric (01133) opened nearly 15% higher. As of press time, it rose 14.79%, at HKD 2.95, with a turnover of HKD 2.5783 million.
Zhitong Hong Kong stocks have long known | The Fed's confidence in meeting inflation standards has increased. TCL Electronics (01070) is happy
Fed Chairman Powell said that the second quarter economic data has given policymakers more confidence in achieving sustainable inflation to the 2% target.
Harbin Electric Anticipates Higher Profits in H1 2024
Harbin Electric (HKG:1133) expects the net profit attributable to the owners of the parent for the first half of 2024 to be about 530.0 million yuan, increased significantly from the 85.0 million
Harbin Electric (01133.HK) announced profit gain: expected net income for the first half of the year is about 0.53 billion yuan.
Harbin Electric (01133.HK) announced on July 15th that the company's net income attributable to the owner of the parent company is expected to be approximately RMB 0.53 billion in the first half of 2024 (approximately RMB 0.085 billion in the same period last year), significantly increased from the same period last year. The main reason is that the company has vigorously developed the market and achieved positive results, with a significant increase in revenue scale and a year-on-year increase in gross margin level.
Express News | Harbin Electric Sees YoY Increase in Gross Profit Margin for Half-Year
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