Market Roundup

The Hang Seng Index closed the day at 24,858 points, down 222 points or 0.9%; the China Enterprises Index fell 86 points or 0.9% to 8,895 points; the Hang Seng Tech Index dropped 86 points or 1.5% to 5,460 points. The total market turnover for the day was approximately HKD 206.7 billion. In terms of individual performance, Wharf Real Estate Investment Company (1997) saw its investment property impairment losses widen to HKD 2.4 billion, causing its share price to plunge 8%; Semiconductor Manufacturing International Corporation (981) reported a 19.5% year-on-year decline in net profit for the second quarter, with its stock price dropping 8.2%; CSPC Pharmaceutical Group (1093) rose 6% against the market trend; China Unicom (762) shares climbed 2.4%.

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.