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【Special Contributor】Deng Shengxing: The market is concerned about whether the China-U.S. tariff war will ease, and Hong Kong and A-shares have already reached their bottom.
Jinwu Financial News | The Hang Seng Index closed at 21,909 on Thursday (24th), down 162 points or 0.74%. The total market turnover for the day was 204.7 billion yuan. The China Enterprise Index fell 59 points or 0.7%, closing at 8,056. The Tech Index declined 73 points or 1.5%, ending at 4,975. The market continues to focus on the fierce competition in the mainland takeout market, with JD.com (09618) dropping 6.2%, making it the worst-performing blue chip; Meituan (03690) also fell 5.2%. Gold prices rebounded, and gold-related stocks generally stabilized. CHOW TAI FOOK surged 6.9%, making it the best-performing blue chip. The Dow Jones closed at 40,093 on Thursday (24th), up 486 points or 1.
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