Market Roundup

The market is waiting for U.S. President Trump to make concessions in trade negotiations. The Hang Seng Index opened 170 points higher and expanded its gains, once rising 358 points to reach 22,267 points. It closed the half-day session up 297 points or 1.4%, at 22,206 points. The China Enterprises Index rose 104 points or 1.3%, to 8,160 points. The Hang Seng Tech Index rose 92 points or 1.9%, to 5,068 points. The total half-day turnover of the market was HKD 116.36 billion. Baidu (9888) announced the release of Wenxin Model 4.5 Turbo and X1 Turbo, with its stock price rose 5.3%.

Source: KGI Investment Products and Solutions Department

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