Market Roundup

Half Day Roundup

The Hang Seng Index opened 98 points lower. The performance of the index was mixed. It once rose 537 points to 22,650 points, and rose 386 points or 1.8% in half a day to 22,500 points. The HSCEI Index rose 159 points or 2% to 8,073 points. The Hang Seng Technology Index rose 176 points or 3.5%, at 5,154 points. The total half-day turnover of the market was HK$145.051 billion. Chip stocks fell behind, with SMIC (981) and Huahong SEMI (1347) rose 22% and 18% respectively. As for insurance stocks, China Taiping (966) rose 8.1% and People's Insurance Company of China (1339) rose 6.5%.

Source: KGI Investment Strategy

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