Market Roundup

Hong Kong stock market performs well today. The HSI opened 12 points lower and then turned up. It rose 168 points or 0.7% at mid-day to 23,680; the HSCEI rose 74 points or 0.9% to 8,594; the HSTECH rose 52 points or 1% to 5,241. The total market turnover at mid-day was HK$119.03bn. Xpeng (9868) posted on its official Weibo that it would start a strategic cooperation with Huawei. The new car will be equipped with Huawei's HUD solution. Xpeng rose 3%. A major bank quoted Innovent Biologics (1801) as expected to break even this year. Innovent's share price rose 15.1%.

Source: KGI Investment Products and Solutions Department

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