Market Roundup

Today, Hong Kong stock market followed the Asia-Pacific market's decline. The HSI opened 174 points lower and then narrowed its decline slightly. The HSI closed down 23 points or 0.12% at 19,823 today; the HSCEI rose 3 points or 0.05% to close at 7,130; The HSTECH fell 1 point to close at 4,455. The total daily market turnover was HK$184.62bn. Tencent Music (1698)'s 3Q24 adjusted net profit rose 28.8% to RMb1.81bn, and its stock price fell 5.6%. Lenovo (0992)'s "11.11" sales exceeded RMb8.6bn, and its stock price rose against market to 2.4%.

Source: KGI Investment Strategy

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