Market Roundup

The Hang Seng Index opened 37 points higher and then extended its gains, reaching a high of 25,802 points. It closed the morning session up 468 points, or 1.85%, at 25,789 points. The Hang Seng China Enterprises Index rose 187 points, or 2.2%, to 8,637 points. The Hang Seng Tech Index surged 177 points, or 3.7%, to 4,973 points. Total turnover for the morning session reached HK$141.3 billion. Better-than-expected results from JD.com (9618) boosted the "JD.com group" with JD Logistics (2618) surging 21.3% in the morning session. The pharmaceutical sector saw a collective breakout, with TRANSTHERA-B (2617) soaring 35% and 3SBio (1530) rising 10.7%.

Source: KGI Investment Products and Solutions Department

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