Market Roundup

Half Day Roundup

This year's Lujiazui Forum opens today. The market is looking forward to the release of major policies, and Hong Kong stock market performed well today. The HSI opened 140 points higher and then expanded its gains, rising 348 points or 2% at mid-day to 18,264; the HSCEI rose 144 points or 2.3% to 6,512; the HSTECH rose 72 points or 2% to 3,769. The total mid-day turnover of the market was HK$55.57bn. “Chinese special valuation” concept stocks generally rose, with the four major banks rising between 2.5% and 3%. Lenovo Group (0992) rose 6.1% in half-day, becoming the best-performing blue-chip stock.

Source: KGI Asia Investment Strategy

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.