Market Insight

Half Day Roundup

The Hang Seng Index rebounded opened 24 points higher in the morning at 15,301 points. It rose 97 points or 0.6% in half a day to 15,374 points for the first half of trading hours. The H-Share Index rose 29 points or 0.6% to 5,162 points. The Hang Seng Technology Index rose 17 points. or 0.5%, at 3,177 points. The total half-day turnover of the market was HK$56.5 billion. Technology stocks such as Baidu (9888) rose 3.1% to HK$99.8, Alibaba (9988) and Meituan (3690) rose 1.7-1.9%. The worst-performing blue chip stock today was China Resources Mixc Lifestyle (1209), which fell 3.13% to HK$21.65.

Source: KGI Asia Investment Strategy

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