Market Roundup

Market Roundup

The Hang Seng Index opened 45 points higher this morning, at 16,275 points, and the day's gain expanded to 124 points, or 0.7%, to 16,353 points; the H-Share Index rose 43 points, or 0.7%, to 5,657 points; the Hang Seng Technology Index rose 26 points, or 0.8%, reported 3,385 points. The total daily turnover of the market was HK$86.7 billion. Xinyi’s maintained its upward trend after the results announced earlier. Today, Xinyi Solar (968) and Xinyi Glass (868) rose 9.4% and 4.7% respectively. WuXi AppTec (2359) rebounded 4% today after its stock price plummeted yesterday due to the US bill.

Source: KGI Asia Investment Strategy

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.