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<H Shrs>HSI Balloons 432 Pts on Settlement Date as HKEX Gains Post-Results; CN Insurers & Developers Elevate
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The HSI inclined on settlement date, and climbed 432 points or 1.7% to close at 26,111. The HSCEI jumped up 160 points or 1.9% to close at 8,805. The HSTECH ballooned 82 points or 1.7% to close at 4,910. Total market turnover for the day amounted to $258.281 billion. For blue chip performance stocks, HKEX (00388.HK) mounted 3% after it reported a 27% increase in 1Q26 profit, beating expectation. BYD COMPANY (01211.HK) leaped 4.4% as its 1Q26 export sales rose 56% YoY. SINOPEC CORP (00386.HK) reported a 27% increase in 1Q26 net profit, boosting its share price by 2.4%. CNOOC (00883.HK) posted a 7% incline in 1Q26 net profit, and its stock price mushroomed 1.4%. PING AN (02318.HK)'s 1Q26 operating profit hiked 8%, beating market consensus, and its share price swelled 6.1%. CM BANK (03968.HK) recorded a 1.5% growth in 1Q26 net profit, missing market expectations, and its stock price cratered 4.2%. WH GROUP (00288.HK) reported a 9% YoY increase in 1Q26 profit, but its share price eroded 5.8%. Financial HSBC HOLDINGS (00005.HK) ticked up 0.3%, while AIA (01299.HK) shot up 2.2%. Chinese insurers CHINA TAIPING (00966.HK) and CHINA LIFE (02628.HK) advanced over 5%. Chinese developers CHINA OVERSEAS (00688.HK) and CHINA JINMAO (00817.HK) rallied 8.9% and 11.3%, while CHINA RES LAND (01109.HK), YUEXIU PROPERTY (00123.HK), CHINA VANKE (02202.HK) and GREENTOWN CHINA (03900.HK) escalated 6.3-7%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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