Market Roundup

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

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.