Market Roundup

2023.01.05 12:50

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

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.

Subscribe to KGI Market Insights Reports
Outperform market and make the best investment decisions