Market Roundup

Half Day Roundup

The Hang Seng Index opened slightly lower this morning by 18 points to 21,370 point. The half-day index was weak and volatile. The half-day closed down 72 points to 21,316 point. The China Enterprises Index fell 33 points or 0.4% to 7,252 point, and the Hang Seng Technology Index fell 31 points or 0.7% to 4,539 point. Half-day market turnover was HK$72.9 bn. YTO International (6123) issued a profit warning and its stock price fell 16.7% to HK$2.29. Mobile device-related stocks performed well today, with Sunny Optical (2382) and AAC (2018) up 4.5% and 1.4% respectively. On the other hand, ATM, , fell 0.6%, 0.2% and 1.5% respectively.

Source: KGI Asia Investment Strategy

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