Market Roundup

The Hang Seng Index opened 122 points higher at 19,699 points, and closed the day up 87 points or 0.44% at 19,664 points. The China Enterprises Index rose 25 points or 0.35% to 7,082 points. The Hang Seng Tech Index increased by 53 points or 1.2% to 4,395 points. The total market turnover for the day was HKD 121.9 billion. Xiaomi (1810) announced better-than-expected earnings after the market closed yesterday, but its stock price still fell by 1.7%. On the other hand, Trip.com (9961) saw a 48% increase in net profit last quarter, and its stock price rose by 5.8%.

Source: KGI Investment Strategy

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