Market Roundup

The Hong Kong stock market was under pressure. The Hang Seng Index opening 184 points lower at 20,576 points. It closed the day down 270 points or 1.3%, at 20,489 points. The China Enterprises Index fell 119 points or 1.6%, to 7,359 points. The Hang Seng Tech Index dropped 121 points or 2.6%, to 4,484 points. The total market turnover for the day was HKD 165.2 billion. New listings Stock, HorizonRobot (9660) once surged by 30%, but its gain narrowed to 2.7% by the end of the day. On its second day of listing, China Resources Beverage (2460) fell 9.6%, closing at HKD 15.08.

Source: KGI Investment Strategy

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