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<H Shrs>HSI Surges 111 Pts at Close as Resource Stocks Rally; New Consumers/ CTG DUTY-FREE Thrive
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The HSI inched up 111 points or 0.4% to close at 25,801. The HSCEI lifted 38 points or 0.4% to close at 8,939. The HSTECH gained 47 points or 0.9% to 5,526. Trading slowed ahead of the long holiday, with the market turnover for the day reaching $169.777 billion. Resource stocks prospered, with JIANGXI COPPER (00358.HK) and ZIJIN MINING (02899.HK) leaping 4.9-5.3%. MMG (01208.HK) jumped up 4.2% to close at $8.75, logging an all-time closing high. Aluminum stocks NANSHAN AL INTL (02610.HK), CHALCO (02600.HK) and CHINAHONGQIAO (01378.HK) climbed 1-1.2%, while listed IPO CHUANGXIN IND (02788.HK) advanced over 5%. International gold prices set new highs, boosting ZHAOJIN MINING (01818.HK) and SD GOLD (01787.HK) by 5.5-6%. CHINAGOLDINTL (02099.HK) swelled 7.6%. As international silver prices broke ceiling, CHI SILVER GP (00815.HK) closed up 5.8%. New consumers prospered. LAOPU GOLD (06181.HK) elevated 6.5% to close at $700.5, with a turnover of $1.01 billion. MIXUE GROUP (02097.HK) surged 10.1% to $435, with turnover of $689 million. POP MART (09992.HK) ballooned 4.6% to $201.8, with a turnover of $2.344 billion. MIXUE GROUP will expand its business into international markets, with its store at Hollywood, Los Angeles, officially opened last Saturday (20th). The store is located directly opposite the TCL Chinese Theatre on the Hollywood Walk of Fame, and offers affordable pricing. According to the in-store menu, its signature ice cream is priced at US$1.19. Hainan-concept stocks were active. CTG DUTY-FREE (01880.HK) closed at $81.85, soaring 15.77%, with a turnover of $1.219 billion. AAStocks Financial News Website: www.aastocks.com |
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