Market Roundup

Today, Hong Kong stock market followed the Asia-Pacific market's decline. The HSI opened 174 points lower and then narrowed its losses slightly. It fell 125 points or 0.63% at mid-day to 19,721; the HSCEI fell 39 points or 0.55% to 7,087 points; the HSTECH fell 53 points or 1.2%, at 4,403. The total mid-day market turnover was HK$104.13bn. Tencent Music (1698)'s 3Q24 adjusted net profit rose 28.8% to RMb1.81bn, and its stock price fell 8.4% at mid-day. Lenovo (0992)'s "11.11 " sales exceeded RMb8.6bn, and its stock price rose against market to 2.2%.

Source: KGI Investment Strategy

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