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Hong Kong stock anomaly | Luk Fook Holdings (00590.HK) drops more than 3% after issuing a profit warning, expecting annual profit to decline by about 40% year-on-year. Same-store sales continued to improve in April and May.

date
18/06/2025
According to the Wisdom Finance and Economics APP, after issuing a profit warning, Luk Fook Holdings Group (00590.HK) fell by more than 3%, as of the time of publication, it fell by 2.91% to 20 Hong Kong dollars, with a trading volume of 9.8403 million Hong Kong dollars.
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Hong Kong stock market closed with the Hang Seng Index falling by 1.12% and the Hang Seng Technology Index dropping by 1.46%. The Hong Kong stock technology ETF (159751) closed down by 1.17% while the Hang Seng Stock Connect ETF (159318) closed down by 1.15%. Oil and gas stocks led the gains with Shandong Molong rising by over 8%. Technology stocks fell, with Bilibili, Meituan, and Alibaba all dropping by over 2%.
2 m ago
Hong Kong stocks closed: Hang Seng Index fell by 1.12%, Hang Seng Technology Index fell by 1.46%
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