Market Roundup

Hong Kong stocks weakened amid uncertainty surrounding the Federal Reserve's interest rate meeting this week. The Hang Seng Index closed at 25,434 points, down 331 points or 1.3%. The Hang Seng Tech Index closed at 5,554 points, down 107 points or 1.9%. The Hang Seng China Enterprises Index fell 147 points or 1.6% to 8,936 points. Total market turnover was HK$210.2 billion. The green light for Nvidia's H200 exports to China put pressure on the share prices of Chinese chipmakers, with SMIC (981) falling 4.1% and Hua Hong Semiconductor (1347) falling 5.4%.

Source: KGI Investment Products and Solutions Department

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