Market Roundup

Hong Kong stocks rose in the morning session, driven by technology stocks. The Hang Seng Index opened 232 points higher, initially rising over 350 points to reach 26,069, but failed to hold above the 26,000 mark. It closed the morning session up 158 points, or 0.6%, at 25,875; the H-share Index rose 68 points, or 0.8%, to 9,147; and the Hang Seng Tech Index rose 64 points, or 1.2%, to 5,609. Total turnover for the morning session was HK$133 billion. Xiaomi Group (1810) rose 4.6% after Lei Jun invested over HK$100 million to increase his stake, becoming the biggest gainer among blue chips; Alibaba (9988) rose 2.4% ahead of its earnings report.

Source: KGI Investment Products and Solutions Department

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