Market Roundup
On the first trading day of the Hang Seng Index in 2025, it opened 126 points lower in the morning at 19,933 points and closed down 436 points or 2.18% at 19,623 points for the day. The Hang Seng Tech Index closed at 4,357 points, down 110 points or 2.47%. The China Enterprises Index fell 199 points or 2.7% to 7,090 points. The total market turnover for the day was HKD 167.8 billion. SMIC (981) fell by 8.8%, and Xinyi Solar (968) fell by 6%. On the other hand, gold-related stocks performed better, with Shandong Gold (1787) rose by 7% and LAOPU GOLD (6181) rose by 9.5%.
Source: KGI Investment Strategy
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