Market Roundup

Hong Kong stock market fell in the morning, pressured by overseas stock markets. The HSI opened 681 points lower and later extended its losses to 851 points, closing down 656 points or 2.6% at 25,101. The HSCEI fell 157 points or 1.8% to 8,470, and the HSTECH fell 115 points or 2.3% to 4,832. Total turnove was HK$219.34bn. Airline stocks declined, with China Southern Airlines (1055) and Cathay Pacific (0293) falling 5.5% and 6% respectively, while China Eastern Airlines (0670) and Air China (0753) fell 7.1% and 7.8% respectively. Oil stocks PetroChina (0857) and CNOOC (0883) rose 3.6% and 7% respectively.

Source: KGI Investment Products and Solutions Department

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