Market Roundup

Market Roundup

The Hang Seng Index opened 32 points higher this morning to 16,256 points. The index once rose 190 points, but fell 34 points or 0.2% throughout the day to close at 16,190 points; the H-Share Index fell 31 points or 0.6% to close at 5,450 points; the Hang Seng Technology Index It fell 30 points or 0.9% to close at 3,454 points. The total daily turnover of the market was HK$81.9 billion. Today, Lenovo (992) publish more than 10 AI PC models at the CES electronics exhibition, and its stock price rose 4.5% to HK$10.62. Meituan (3690) fell 4.6% to HK$70.55. In addition, the share price of Orient Overseas International (316) fell 7.2% to HK$108.3, the worst performing blue chip stock.

Source: KGI Asia Investment Strategy

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