Market Roundup

The three major indices diverged. The Hang Seng Index opened higher and then fluctuated narrowly, closing up 61 points or 0.24% at 26,095; the Hang Seng China Enterprises Index rose 9 points or 0.11% to 9,182; the Hang Seng Tech Index underperformed the market, falling 20 points or 0.37% to 5,624. Total market turnover was HK$178.2 billion. Giant Biogene (2367) announced at noon its plan to repurchase no more than approximately 104 million shares, causing its share price to rise 8.5%. Kuaishou-W (01024) rose 0.9% on news of Keling AI's release of its new video model "Kling O1". Technology stocks showed mixed performance, with Meituan-W (3690) falling 3.2% and WuXi AppTec (2359) falling 3.1%.

Source: KGI Investment Products and Solutions Department

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