Market Insight

2023.05.12 17:00

Market Roundup

The Hang Seng Index opened 106 points higher, reported 19,850 points and then fell, and fell 117 points, or 0.6%, to 19,627 points throughout the day; The H-Share Index fell 32 points, or 0.5%, to 6,664 points; the Hang Seng Technology Index rose 11 points, or 0.3%, to 3,874 points. The market's full-day turnover totaled HK$ 102.8 bn. JD.com (9618) rose 7% to HK$144.8 after the announcement of its results. SMIC (981) rose 0.2% to HK$20.2 after the results. China Hongqiao (1378) fell 6.9% to HK$6.86, the worst performing blue chip.

Source: KGI Asia Investment Strategy

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