Hong Kong Stocks Dropped. Biostar Pharm Up 55%; Dmall Up 24%; Akeso Up 14%; Chongqing Iron Down 23%; Nayuki Down 10%

Market Watcher
2025/07/03

On July 3, 2025, the Hong Kong stock market dropped. The Hang Seng Index fell by 0.63%, the Hang Seng Tech Index decreased by 0.67%.

Biostar Pharm up 55%; Dmall up 24%; Akeso up 14%; Chongqing Iron down 23%; Nayuki down 10%.

XIAOMI-W dropped by 3.41%. CEO Lei Jun revealed that the Xiaomi YU7 has received an impressive number of orders and aims to surpass Tesla, which has sparked competition and increased production efforts.

POP MART decreased by 3.33%. The company reported significant growth in sales through the Lazada e-commerce platform in Southeast Asia, but investors may have taken profits after recent gains.

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