Market Roundup

Hong Kong stock market fluctuated today. The HSI opened 5 points lower and then fluctuated. It rose 210 points in the morning and then fell 256 points. It fell 129 points or 0.55% at mid-day to 23,348; the HSCEI fell 39 points or 0.5% to 8,627; and the HSTECH fell 84 points or 1.4% to 5,774. The total market turnover for mid-day was HK$231.2bn. The Hang Seng Tech Index included Tencent Music (1698) and Horizon Robotics (9660), whose share prices rose by 11.7% and 3.6% respectively. A total of 113 domestic and imported online games were approved in China this month, including NetEase (9999) games, and its share price fell 0.9% at mid-day.

Source: KGI Investment Strategy

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