Market Roundup

Hong Kong stocks traded volatilely downwards in the morning session. The HSI opened 37 points lower, briefly rose 64 points, then fell again, closing down 109 points or 0.4% at 26,724. The HSCEI fell 48 points or 0.5% to 9,004, and the HSTECH fell 119 points or 2.2% to 5,347. Total turnover for was HK$151.4bn. The software and technology application sector was hit hard, with Tencent (0700) and Bilibili (9626) falling 3.4% and 4.9% respectively; travel platforms Tongcheng (0780) and Ctrip (9961) fell 2.5% and 6.1% respectively.

Source: KGI Investment Products and Solutions Department

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