Market Roundup

The Hang Seng Index opened 104 points higher and extended its gains, rising as much as 416 points to a high of 26,250 points. It closed up 34 points, or 0.1%, at 25,868 points. The Hang Seng China Enterprises Index rose 10 points, or 0.11%, to 8,826 points; the Hang Seng Tech Index fell 4 points, or 0.1%, to 5,107 points. Total market turnover was HK$268.2 billion. Domestic insurance and brokerage stocks rose, with China Taiping (966) up 1.7%. Leapmotor (9863) turned a full-year loss into a profit of RMB 540 million, and its share price rose 1.9%.

Source: KGI Investment Products and Solutions Department

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