Market Insight

Market Roundup

The Hang Seng Index opened 129 points lower this morning, and then rose 135 points to reach day high of 20,702. However, the upward trend was weak afterwards. HSI rose 35 points or 0.2% to close at 20,603. HSCEI fell 2 points or 0.0% to close at 6,937. HSTECH fell 34 points or 0.8% to close at 4,177. The market's full-day turnover totaled HK$109.08bn. The Ministry of Industry and Information Technology said that the development of 6G networks will be accelerated, China Tower (0788) and China Communication Service (0552) rose nearly 7.9% and 5.3% respectively.

Source: KGI Asia Investment Strategy

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