Market Roundup

Market Roundup

The Hang Seng Index opened slightly higher by 10 points, at 16,645 points. The index once turned lower during the day, but managed to close at 16,791 points, up 156 points or 0.9%. The Hang Seng Technology Index rose 110 points, or 3.2%, to close at 3,503 points. The H-Share Index rose 83 points, or 1.4%, to 5,807 points. The market turnover was HK$ 102.6 bn. Li-Auto (2015) turned a profit last year and set its full-year car shipments this year at 800,000 units. Today its stock price rose 25% to HK$175.5. In addition, it was reported that Samsonite (1910) received acquisition interest from potential buyers, and its stock price rose 13.8% to HK$26.45.

Source: KGI Asia Investment Strategy

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