Market Roundup

Mainland Caixin Manufacturing PMI Misses Expectations; Market Anticipates Economic Stimulus Policies, Hong Kong Stocks Rise in Morning Session. The Hang Seng Index opened 123 points higher and extended its gains throughout the day, closing up 354 points or 1.5% at 23,512. The China Enterprises Index rose 160 points or 1.9% to 8,519, while the Hang Seng Tech Index gained 55 points or 1.1% to 5,189. Total market turnover for the day reached HKD 203.6 billion. Mainland Chinese banks saw strong performance, with ICBC (1398), ABC (1288), and CCB (939) all rising over 3%.

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.