Market Roundup

The National Development and Reform Commission issued the second batch of 81 billion RMB ultra-long-term special government bonds this year to support the trade-in of consumer goods. The Hang Seng Index rose by 27 points or 0.12% at midday, reporting 21,999 points; the China Enterprises Index rose by 10 points, reporting 8,090 points; the Hang Seng Tech Index rose by 40 points or 0.8%, reporting 5,029 points. The total market turnover at midday was 97.3 billion HKD. Alibaba Health (241) rose by 6.07%, WuXi AppTec (2359) rose by 6%. Li Ning (2331) announced that its first-quarter retail sales recorded low single-digit growth year-on-year, and its stock price fell by 3.06%.

Source: KGI Investment Strategy Department

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