Market Roundup

The Hang Seng Index opened 204 points lower at 23,249 points, falling 190 points or 0.8% in half a day to 23,263 points; the H-Share Index fell 71 points or 0.8% to 8,439 points; and the Hang Seng Tech Index fell 30 points or 0.6% to 5,267 points. The total market turnover for half a day was 107.6 billion yuan. Alibaba (9988) reported mixed results and its share price fell 5.2%. NetEase (9999)'s first quarter results were better than expected, and its share price surged 13%, hitting a one-year high.

Source: KGI Investment Strategy Department

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