New Consumer Stocks Mixed w/ LAOPU GOLD Rallying ~5%, POP MART Slipping 2%
Market Overview: The HSI declined by nearly 0.7% to 25,355 points amid ongoing US-China trade talks and the Fed's interest rate decision, with a turnover of HKD161.483 billion.
Stock Performance: Consumer stocks showed mixed results, with LAOPU GOLD rising by 4.67%, while POP MART and MIXUE GROUP saw declines of 1.99% and 1.41%, respectively; previously popular hydropower project stocks also softened.
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New Consumer Stocks Mixed w/ LAOPU GOLD Rallying ~5%, POP MART Slipping 2%
Market Overview: The HSI declined by nearly 0.7% to 25,355 points amid ongoing US-China trade talks and the Fed's interest rate decision, with a turnover of HKD161.483 billion.
Stock Performance: Consumer stocks showed mixed results, with LAOPU GOLD rising by 4.67%, while POP MART and MIXUE GROUP saw declines of 1.99% and 1.41%, respectively; previously popular hydropower project stocks also softened.
New Consumer Stocks Mixed w/ LAOPU GOLD Rallying ~5%, POP MART Slipping 2%
Market Overview: The HSI declined by nearly 0.7% to 25,355 points amid ongoing US-China trade talks and the Fed's interest rate decision, with a turnover of HKD161.483 billion.
Stock Performance: Consumer stocks showed mixed results, with LAOPU GOLD rising by 4.67%, while POP MART and MIXUE GROUP saw declines of 1.99% and 1.41%, respectively; previously popular hydropower project stocks also softened.
