Market Roundup

The Hang Seng Index closed at 24,916 points at midday, down 165 points or 0.7%; the China Enterprises Index fell 55 points or 0.6% to 8,926 points; the Hang Seng Technology Index dropped 55 points or 1.0% to 5,491 points. The market turnover for the first half of the day was approximately HKD 112.6 billion. In terms of performance, Wharf Real Estate Investment Company (1997) saw its investment property revaluation impairment widen to HKD 2.4 billion, with its share price dropping 9.0%; Semiconductor Manufacturing International Corporation (SMIC) (981) reported a 19.5% year-on-year decline in net profit for the second quarter, and its share price fell 5.6%; CSPC Pharmaceutical Group (1093) rose 6.1% against the market trend; China Unicom (762) shares increased by 2.8%.

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.