Market Insight

Half Day Roundup

The Hang Seng Index opened 49 points lower at 17,669 points and rose 101 points in half a day to 17,819 points; the HSCEI Index rose 60 points or 0.9% to 6,392 points; the Hang Seng Technology Index fell 5 points or 0.1% to 3,549 points. The total half-day turnover of the market was HK$68.6 billion. Li-auto (2015) announced that its vehicle delivery volume in June increased by 46.7% year-on-year, and its stock price rose by 5.4%. Institute pointed out that the property sales for the top 100 company has improved in June. The share price of Longfor (960) rose 5.4%, becoming the best-performing blue chip stock. Tencent (700) was volatile today fell nearly 1% for the first half of the trading hours.

Source: KGI Asia Investment Strategy

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