Market Insight

2022.05.12 12:50
Half Day Roundup


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After the US CPI released US Stock Indexes under pressure, the Hang Seng Index fell 267 points to 19,556 points, decline narrowed closed at 19,615 points, down 208 points for the first-half. The H-Share Index fell 85 points to 6,684 points, and the HSTECH Index fell 59 points to 3,959 points. Half-day market turnover was HK$57.7 bn. Manulife (945) edged down 0.4% to HK$149.7 after announcing its first-quarter earnings. Among the constituent stocks of the Hang Seng Index, Country Garden (2007) fell 5.8% to HK$4.21, the worst performer. Xpeng (9868) fell 6.9% to HK$80.55, the worst performer in the HSTECH index.

Source: KGI Asia Investment Strategy