Market Insight

Half Day Roundup

The Hang Seng Index opened 133 points lower at 17,583 points, and managed to rise 98 points in half a day to 17,815 points; the HSCEI Index rose 39 points, or 0.6%, to 6,363 points; the Hang Seng Technology Index fell 8 points, or 0.2%, to 3,581 points. The total half-day turnover of the market was HK$47.8 billion. Telecom stocks continued to rally, China Unicom (762) reached a new high, with its share price rose 4.5% to HK$7.23. PetroChina (857) and CNOOC (883) rising 3.7% and 3.4% respectively.

Source: KGI Asia Investment Strategy

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