Market Roundup

Market Roundup

The central government held a Politburo meeting yesterday, in which it was mentioned that multiple industries provide development directions. The Hang Seng Index opened 504 points higher this morning at 19,172 points, and the index increased by as much as 660 points, half day closing at 19,259 point, rose 590 or 3.2%. The China Enterprises Index rose 254 points or 4.1% to 6,525 points; the Hang Seng Technology Index rose 185 points or 4.6% to 4,200 points. The market's half-day turnover totaled 73.8 billion yuan. In terms of real estate, the meeting pointed out that real estate policies should be optimized. Longfor (960) and Country Garden (2007) rose 20.4% and 14.3% respectively.

Source: KGI Asia Investment Strategy

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