Market Roundup

The Hong Kong stock market was under pressure throughout the day, with all indexes falling. The Hang Seng Index closed at 25,270 points, down 249 points or 0.98%. The Hang Seng China Enterprises Index closed at 9,039 points, down 90 points or 1%. The Hang Seng Tech Index closed at 5,543 points, down 33 points or 0.59%. The total market turnover for the day was approximately HKD 312.6 billion. JD.com (9618) reported worse-than-expected losses in new businesses for the second quarter, and its stock price dropped 3.4%. JD Health (6618) saw a 27.5% increase in net profit for the half-year, with its stock price rising 11.7% for the day.

Source: KGI Investment Products and Solutions Department

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.