Market Roundup
The Hang Seng Index opened higher by 64 points, with a mid-day report at 25,224 points, up 48 points or 0.19%. The China Enterprises Index stood at 9,045 points, up 11 points or 0.12%. The Hang Seng Tech Index was at 5,584 points, up 5 points or 0.09%. The total market turnover at mid-day was approximately HKD 135.9 billion. Hansoh Pharmaceutical (3692) announced interim net profit of RMB 3.134 billion, a year-on-year increase of 15%, with interim dividend raised to HKD 0.2316 per share, and its stock price rose 4.4%. SINO Biopharmaceutical (1177) announced results roughly in line with expectations, but after the positive factors were absorbed, profit-taking emerged in the afternoon, and the stock price retreated, falling 6.3%.
Source: KGI Investment Products and Solutions Department
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