Market Insight

Market Roundup

The Hang Seng Index opened 159 points lower, at 16,455 points, and closed rose 7 points at 16,621 points. The H-Share Index rose 7 points, or 0.1%, to 5,620 points. The Hang Seng Technology Index fell 16 points, or 0.4%, to 3,710 points. The total daily turnover of the market was HK$69.6 billion. The best-performing of the Hang Seng Index constituent was ENN Energy (2688), which rose 4.6%, while the worst-performing stock was Hansoh Pharmaceuticals (3692), which fell 11.2%. In terms of sectors, EV stocks were under pressure, with NIO (9866), Li-Auto (2015) and Xpeng (9868) falling 8.6%, 4.9% and 3.5% respectively.

Source: KGI Asia Investment Strategy

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