Market Roundup

Hong Kong stocks softened in the morning session amid pressure on individual shares. The Hang Seng Index opened 12 points higher and initially rose 47 points to reach 24,269, but then retreated. It ended the day down 151 points, or 0.6%, at 24,070. The China Enterprises Index fell 76 points, or 0.9%, to 8,648. The Hang Seng Tech Index dropped 35 points, or 0.7%, to 5,234. Total market turnover for the day was HKD 231.2 billion. Innovative pharmaceutical stocks performed well, with Akeso (9926) rising 14% and Innovent Biologics (1801) gaining 6.7%.

Source: KGI Investment Products and Solutions Department

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