Market Roundup

Market Roundup

On the last trading day of November, the Hang Seng Index opened 8 points lower at 16,985 points. It rose 31 points, or 0.2%, to 17,024 points for the first half; the H-Share Index rose 24 points, or 0.4%, to 5,842 points; the Hang Seng Technology Index fell 22 points or 0.5%, at 3,888 points, with the market’s total half-day turnover of HK$51.9 bn. After falling by more than 10% yesterday, Meituan (3690) rebounded 0.9% to HK$91.3 today. Domestic consumption stocks performed well today, with share prices of Nongfu Spring (9633), Mengniu (2319) and TINGYI (322) rose by more than 2%.

Source: KGI Asia Investment Strategy

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