Market Insight

Half Day Roundup

Hong Kong stocks were mixed. The Hang Seng Index opened 75 points higher at 16,548 points. The index showed mixed trends and fell 12 points or 0.1% in half a day to 16,461 points. The H-Share Index rose 10 points or 0.2% to 5,764 points. Hang Seng Index The technology index fell 4 points, or 0.1%, to 3,433 points. The total half-day turnover of the market was HK$50.5 billion. Guangdong Investment (270) profit fell 34.5% year-on-year due to property impairment, and its stock price fell 18.9%. WuXi XDC (2268) announced that its net profit rose 82% year-on-year, and its stock price rose 0.4%. However, WuXi AppTec (2359) and WuXi Biologics (2269) fell 2.6% and 3.4% respectively.

Source: KGI Asia Investment Strategy

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