Market Roundup

The market is waiting for U.S. President Trump's concessions on trade negotiations. The Hang Seng Index opened 170 points higher and expanded its gains, once rising 358 points to a high of 22,267 points. It closed up 71 points or 0.32% at 21,981 points. The China Enterprises Index rose 23 points or 0.3% to 8,080 points. The Hang Seng Tech Index rose 7 points or 0.1% to 4,983 points. The total market turnover for the day was HKD 208 billion. Baidu (9888) announced the release of the Wenxin Large Model 4.5 Turbo and X1 Turbo, with its stock price rising 3.8%.

Source: KGI Investment Products and Solutions Department

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