Market Roundup

The Hong Kong stock market was driven higher by gains in the US stock market throughout the day. After opening higher in the morning, the index once rose to 24,506 points, but profit-taking emerged in the afternoon, narrowing the gains. The Hang Seng Index closed at 24,139 points, up 111 points or 0.46%; the Hang Seng Tech Index closed at 5,248 points, up 31 points or 0.61%; and the China Enterprises Index closed at 8,687 points, up 19 points or 0.22%. The total daily turnover was HKD 323.9 billion, marking a nearly three-month high. Among individual stocks, WuXi AppTec (2359) announce a profit alert shows a solid performance for the first half of the year, closing up 10.5%, the largest gainer among blue chips.

Source: KGI Investment Products and Solutions Department

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