Market Insight

Market Roundup

The Hang Seng Index opened 23 points higher, at 17,066 points, and edged up 4 points throughout the day, at 17,047 points; the H-Share Enterprise Index rose 4 points, or 0.1%, to 5,768 points; the Hang Seng Technology Index was flat at 3,764 points. The market's total daily turnover was HK$75.1 billion. Xiaomi (1810) hinted at a press conference yesterday that the equivalent car of the SU7 would be priced at over 400,000, and the market expected the price to be as high as 500,000. Xiaomi's share price fell 4.2% today to HK$15.6.

Source: KGI Asia Investment Strategy

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