Market Insight

Market Roundup

Investors eased their worries about the banking industry, and US stocks rose. The Hang Seng Index opened 25 points higher at 20,217 points. Market remain volatile it rose 116 points or 0.6% to 20,309 point at market close; the China Enterprises Index fell 44 points or 0.6% to 6,923 point; the Hang Seng Technology Index rose 24 points or 0.6% %, at 4,270 point. The market turnover was HK$133.6 bn. AliHealth (241) stock price fell 7.9% to HK$5.81 today after being speculated on the news yesterday. The profit of Chinasoft International (354) plunged 33.2%, and the stock price fell 13.7% to HK$5.09.

Source: KGI Asia Investment Strategy

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