Market Roundup

The Hang Seng Index opened 157 points lower, at 20,721 points, and rose 439 points, or 2.1%, to 21,007 points throughout the day; the H-Share Index rose 189 points, or 2.5%, to 7,556 points; the Hang Seng Technology Index rose 161 points, or 3.5%, to 4,694 points point. The total daily turnover of the market was HK$169.9 billion. Yum China (9987) announced its third-quarter results, with earnings per share growing by 33% and an increase in share buybacks, the stock price rose 6.9%. As for consumer stocks, Nongfu Spring (9633) and Li Ning (2331) rose 9.5% and 7% respectively.

Source: KGI Investment Strategy

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