Market Roundup

Half Day Roundup

Today’s A-share market performed well, driving the Hong Kong stock market to rebound. The HSI opened 67 points higher this morning and then expanded its gains, rising 323 points or 1.9% at mid-day to 17,326; the HSCEI rose 124 points or 2.1% to 6,111; the HSTECH rose 98 points or 2.9% to 3,513 . The total mid-day turnover of the market was HK$62.08bn. HSBC (0005) and Hang Seng (0011) announced interim results at mi-day, rising 1.5% and 1.7%. Private Chinese property stocks generally rose, with gains ranging from 4.0% to 7.4%. Chip stocks performed well today, with ASMPT (0522) rising 3.7% at mid-day.

Source: KGI Asia Investment Strategy

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