Market Insight

Market Roundup

The Hang Seng Index opened 23 points higher at 17,066 points and fell 77 points or 0.45% in half a day to 16,967 points; the H-Share Enterprise Index fell 30 points or 0.5% to 5,735 points; the Hang Seng Technology Index fell 31 points or 0.8% to 3,733 points. The half-day turnover of the market was HK$39.9 bn. Xiaomi (1810) hinted at a press conference yesterday that the equivalent car of the SU7 will sell for over 400,000 Rmb, and the market expects the price to reach 500,000 rmb. Xiaomi's stock price fell 5.8% today to HK$15.34.

Source: KGI Asia Investment Strategy

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