Market Insight

Market Roundup

The Hang Seng Index opened 204 points higher in the early session, opening at 18,283 points. The index closed at 18,403 points for the day, up 323 points or 1.8%. The Hang Seng Technology Index was at 3,784 points, up 93 points or 2.5%. The HSCEI Index rose 139 points, or 2.2%, to 6,532 points. The total market turnover for the whole day was HK$132.3 billion. Numbers of EV stocks announced May sales data, BYD (1211) and Li Auto (2015) rose 5% and 5.3% respectively. OEPC announced the extension of production cuts, and PetroChina (857) and CNOOC (883) rose 0.8% and 0.7% respectively.

Source: KGI Asia Investment Strategy

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