Market Insight

Half Day Roundup

The Hang Seng Index, after closed at a day high yesterday, today continued its upward trend and opened 502 points higher at 21,295 point. Although the gain narrowed, it still be able to maintain a 210 points increase, reaching 21,003 points in the half-day. The China Enterprises Index rose 84 points or 1.2% to 7,150 point, and the Hang Seng Technology Index rose 47 points or 1.1% to 4,474 point. The half-day market turnover was HK$109.2 bn. China and Hong Kong post-Covid theme continued to rally. Jiumaojiu (9922) and Haidilao (6862) continued to rise by 4.5% and 2.4%.

Source: KGI Asia Investment Strategy

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