Market Roundup

The Hong Kong stock market closed lower for the whole day, with major indices all declines. The Hang Seng Index closed at 25,176 points, down 347 points or 1.36%; the China Enterprises Index closed at 9,038 points, down 111 points or 1.21%; and the Hang Seng Technology Index closed at 5,488 points, down 155 points or 2.75%. The total turnover for the day was HKD 310.111 billion. Li Auto (2015) fell 12.59%, as the market was concerned that the retail price of the new car "Li Auto i8" lower than the pre-sale price, which could intensify competition in the mainland SUV market. CATL (3750), after hitting a new high, saw its share price drop by 7.6%.

Source: KGI Investment Products and Solutions Department

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