Market Roundup
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
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.