Market Insight

Half Day Roundup

The Hang Seng Index opened 32 points higher at 16,256 points. The index rose once by 190 points, but the half-day increase fell back to 51 points, or 0.3%, to 16,276 points; the H-Share index remained unchanged at 5,483 points; the Hang Seng Technology Index fell 8 points or 0.2%, reported at 3,476 points. The total half-day turnover of the market was HK$40.7 billion. Today, Lenovo (992) publish more than 10 AI PC models at the CES electronics exhibition, and its stock sprice rose 5.3% to HK$10.7. Meituan (3690) fell 3.2% to HK$71.55. In addition, the share price of Orient Overseas International (316) fell 7.9% to HK$107.4, the worst performing blue chip stock.

Source: KGI Asia Investment Strategy

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