Market Roundup

2024.12.13 17:00

The Central Economic Work Conference was held in Beijing a few days ago. The lack of specific figures disappointed the market, and Hong Kong stock market fell today. The HSI opened 158 points lower and then expanded its losses, falling 425 points or 2.1% today to 19,971. The HSCEI closed at 7,186, down 173 The daily market turnover total transaction volume was HK$158.5bn. Domestic demand stocks generally fell, with individual stocks such as Budweiser Asia Pacific (1876), Haidilao (6862) and Anta (2020) all falling by more than 3%.

Source: KGI 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.

Subscribe to KGI Market Insights Reports
Outperform market and make the best investment decisions