Market Roundup

The Hong Kong stock market rallied in the morning session. The Hang Seng Index closed at 24,485.49 points, up 457.12 points or 1.90%; the China Enterprises Index was at 8,827.03 points, up 158.77 points or 1.83%; the Hang Seng Tech Index stood at 5,324.87 points, rising 108.27 points or 2.08%. The total market turnover for the half-day was approximately HKD 175.854 billion. For individual stocks, SenseTime-W (20) rose 12%,; WuXi AppTec (2359) gained 11.34%, boosted by a positive half-year earnings forecast; NIO-SW (9866) increased 7.25%, supported by strong demand following the launch of pre-sales for a new car model. On the other hand, Xinyi Solar (968) fell 1.02%, as the photovoltaic sector experienced a pullback; China Biopharmaceutical (1177) decreased 0.84%; Tencent Music-SW (1698) declined 0.31%.

Source: KGI Investment Products and Solutions Department

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