Market Insight

Market Roundup

The Hang Seng Index opened 49 points lower at 17,669 points and rose 50 points throughout the day to 17,769 points; the HSCEI Index rose 43 points, or 0.7%, to 6,375 points; the Hang Seng Technology Index rose 15 points, or 0.4%, to 3,539 points. The total daily turnover of the market was HK$118.4 billion. Li-Auto (2015) announced that its car delivery volume in June increased by 46.7% year-on-year, and its stock price rose by nearly 5%. Institute pointed out that the property sales for the top 100 company has improved in June. The share price of Longfor (960) rose 3%, making it the best performing blue chip stock. Tencent (700) was volatile today fell 0.8% throughout the day.

Source: KGI Asia Investment Strategy

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