Market Roundup
Market Roundup
The Hang Seng Index opened 49 points lower in the early session to 19,356 points, and then extended its decline to a maximum of 131 points. The HSI close rose 117 points or 0.6% to 19,521 points; The China Enterprises Index rose 33 points or 0.5% to 6,618 points; the Hang Seng Technology Index rose 94 points or 2.4% to 4,038 points. The market turnover was HK$ 99.8 bn. Shanghai will hold an artificial intelligence framework ecological summit on the 16th June, and artificial intelligence concept stocks were hyped. Baidu (9888) rose 4.9% to HK$138.1, and SenseTime (0020) rose 7.4% to HK$2.33.
Source: KGI Asia Investment Strategy
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