Market Roundup
Market Roundup
The Hang Seng Index opened 49 points lower in the early session and closed at 19,356 points. Later, the decline widened to a maximum of 131 points, and rose 79 points or 0.4% in half a day to 19,483 points; The China Enterprises Index rose 26 points or 0.4% to 6,612 points; the Hang Seng Technology Index rose 83 points or 2.1% to 4,028 points. The market's half-day turnover was HK$ 46.9 bn. Shanghai will hold an artificial intelligence framework ecological summit on 16th June, and artificial intelligence concept stocks are now hyped. Baidu (9888) rose 4.2% to HK$137.2, and SenseTime (0020) rose 6% to HK$2.3.
Source: KGI Asia Investment Strategy
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