Market Roundup

The Hong Kong stock market performed well in the morning session. The Hang Seng Index opened 61 points higher at 23,544 points, once rose over 380 points. By midday, the gain narrowed to 246 points or 1.05%, closed at 23,729 points. The China Enterprises Index rose 82 points or 0.9%, closed at 8,737 points. The Hang Seng Tech Index rose 74 points or 1.3%, closed at 5,648 points. The total market turnover for the morning session was HKD 141.6 billion. Pop Mart (9992) announced a 10% increase in earnings yesterday, and today its stock rose another 10.2%, closing at HKD 155.1. ENN Energy (2688) received a privatization proposal from its parent company, and its stock price rose 8.2%.

Source: KGI Investment Strategy

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