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Real estate and insurance companies pull the Hang Seng Index into the red (-1.21%)

This content was published on Sep 14, 2021 – 08:53

Beijing, September 14 (EFE). – Hong Kong’s benchmark index, Hang Seng, is down 1.21% today, weighed down by among other titles of real estate and insurance companies.

The selective index lost 311.58 points, thus falling to 25,502.23, while the index measuring the behavior of mainland Chinese companies listed on the Hong Kong Stock Exchange, Hang Seng China Enterprises, fell by 1.7%.

Among the sub-indices, there was a consensus in the red: real estate led the losses with -2.22%, followed by finance (-1.49%), trade and industry (-0.92%) and services, with losses of 0.53%. .

Insurance companies did not have their best day on the Hong Kong Stock Exchange, with Ping An down 2.54%, China Life losing 1.19% and AIA losing 0.37%.

Among the real estate companies, celebrations were not allowed today, as Country Garden lost 5.01%, CGI Services 4.59% or 3.13% for China Resources Land, and the rest of the sector ended the same mark, with the exception of CK Asset which grew 0.2%.

In addition to the latter, only state oil company PetroChina (4.19%), car company BYD (2.89%), technology company Wuxi Biologics (2.43%) and drugmaker CSCP Pharma (2.43%) finished the day’s session in green. 0.21%).

On the other side of the spectrum, drugstore distributor Ali Health shined in the day’s hit, dropping 6.34%.

The turnover for the session amounted to 140,940 million Hong Kong dollars (equivalent to 18,119 million dollars or 15,323 million euros). EFE


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