Hong Kong stocks fall on continuing decline in China’s industry sector profit

Quick Summary:

The profit of Chinese industrial companies fell 7.3 per cent year on year in November for the fourth consecutive month, official data showed.

Minieye Technology, which produces advanced driver-assistance systems, rose 6.4 per cent to HK$10.08 on the first day of trading in Hong Kong.

The profit of Chinese industrial companies fell 7.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChinaSouth Korea

Topics: Kong Hong Profit Industrial Chinese Index Fourth Month Fell Cent Companies’

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 10:26:09 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24684111

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