Market Roundup

Half Day Roundup

Hong Kong stocks continued recent gains in the morning market on the futures settlement day. The Hang Seng Index opened 522 points higher and then expanded its gains. It once rose 783 points to 20,708 points, and rose 697 points or 3.5% in half a day to 20,621 points; the H-Share Index rose 231 points or 3.3%, to 7,318 points; the Hang Seng Technology Index rose 277 points, or 6.6%, to 4,487 points. The total half-day turnover of the market was HK$244.268 billion. There was news that the central government issued special government bonds to support consumption. JD.com (9618) and Meituan (3690) both rose by more than 10%.

Source: KGI Investment Strategy

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