Market Roundup

Hong Kong stocks performed well in the morning session. The Hang Seng Index opened 116 points higher, initially rising by 252 points to reach 23,596 points. The gains then narrowed to 6 points, reaching 23,350 points. By midday, it was up 57 points or 0.2%, at 23,402 points. The China Enterprises Index rose 9 points or 0.1%, to 8,625 points. The Hang Seng Tech Index increased by 43 points or 0.8%, to 5,561 points. The total turnover for the market in the morning session was HKD 113.8 billion. Shenzhou International (2313) stated that it has emerged from the trough of its operations and returned to growth, with its stock price rose by 12.4%.

Source: KGI Investment Strategy

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