Market Insight

Market Roundup

The market is waiting for non-farm payroll data in the United States. The Hang Seng Index opened 156 points higher at 17,370 points. The half-day gain expanded to 312 points, or 1.8%, to 17,526 points; The H-Share Index rose 108 points, or 1.8%, to 5,996 points. The Hang Seng Technology Index rose 71 points, or 1.9%, to 3,829 points. The market turnover was HK$ 28 bn. Domestic consumer demand and tourism stocks generally rose. Zhongsheng (881), Cathay Pacific Airways (293) and Haidilao (6862) rose between 3% and 3.5%.

Source: KGI Asia Investment Strategy

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