Market Insight

Half Day Roundup

The Hang Seng Index opened 93 points lower at 17,849 points and rose 36 points or 0.2% in half a day to 17,978 points; the HSCEI Index rose 16 points or 0.2% to 6,390 points; the Hang Seng Technology Index rose 4 points or 0.1% to 3,712 points. point. The total half-day turnover of the market was HK$ 56.2 billion. Brilliance China (1114) paid a special dividend and its stock price rose 19.2%. BYD Electronics (285) stock price continued to perform well, rose another 6.3%, hitting two years new high. Major technology stocks, Meituan (3690) rose by more than 1%, Tencent (700) rose by 0.7%, and Alibaba (9988) fell by 0.6%.

Source: KGI Asia Investment Strategy

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