Market Roundup

The Nasdaq China Golden Dragon Index rose over 4%, driving up Hong Kong stock market. The HSI opened 350 points higher and fluctuated, closing up 268 points or 1% at 26,877; the HSCEI rose 73 points or 0.8% to 9,293; and the HSTECH rose 22 points or 0.4% to 5,885. Total turnover was HK$192.03bn. In the technology sector, Alibaba (9988) rose 3.5% to HK$159.7, while its sister company Alibaba Health (0241) rose 3.3%. Newly listed AI concept stocks retreated, with KNOWLEDGE AT (2513) and MINIMAX (0100) falling 8.8% and 7.5% respectively.

Source: KGI Investment Products and Solutions Department

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