Market Roundup

2024.08.12 17:00

Market Roundup

The market is waiting to see the US inflation data released this week, and Hong Kong stock market fluctuated within a narrow range today. After opening 12 points higher, the HSI fluctuated less than 160 points today and closed up 21 points, or 0.1%, at 17,111; the HSCEI rose 11 points, or 0.2%, to close at 6,029; the HSTECH fell 6 points, or 0.2%, to close at 3,429. The total daily market turnover was HK$70.33bn. Domestic demand stocks generally fell today, with BUD APAC (1876) and Anta (02020) falling 2.1% and 2.8% respectively. Bilibili (9626) fell for the fourth consecutive day, falling 6.9% today.

Source: KGI Investment Strategy

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