Hong Kong stocks closed lower and the Hang Seng Index fell below the 21000 point mark

On May 4, Hong Kong stocks fell unilaterally in the morning and fluctuated at a low level in the afternoon. At the close, the Hang Seng Index fell 1.10% to 21000 points; The state-owned enterprise index fell 1.78%; The Hang Seng technology index fell 3.29%.

On the disk, banks and capital goods rose China Railway Group Limited(601390) , China’s transportation construction increased by more than 3%. Health care, retail, software services, consumer goods, semiconductors and other sectors fell.

Among the popular technology stocks, JD health fell nearly 13%, Alibaba health fell 7.48%, BiliBili and Kwai fell more than 5%, and meituan fell more than 4%. On the news side, according to the equity information disclosed by the Hong Kong stock exchange, Shen NANPENG, an independent non-executive director of meituan and founding managing partner of Sequoia Capital, sold a total of 429572 million shares of meituan on April 27 and 29, cashing out about HK $6.227 billion, and his shareholding in meituan decreased from 3.98% to 3.19%.

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