Market Roundup

Market Roundup

The Hang Seng Index closed at a high level yesterday and continued its upward trend today, opening 502 points higher to 21,295 point. Although the gain narrowed, it still be able to maintain an increase of 259 points, and closed at 21,052 point. The China Enterprises Index rose 106 points or 1.5% to 7,172 point, and the Hang Seng Technology Index rose 67 points or 1.5% to 4,494 point. The market turnover was HK$174.1 bn. China and Hong Kong post-Covid theme continued to rally. Jiumaojiu (9922) and Haidilao (6862) continued to rise by 5.2% and 4.3%.

Source: KGI Asia Investment Strategy

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