Market Roundup

The Hang Seng Index briefly climbed above the 26,000 mark in early trading, reaching a high of 26,045 points, but the decline widened in the afternoon, closing at 25,831 points, down 99 points or 0.38%. The Hang Seng Tech Index underperformed the market, falling 38 points or 0.69% to 5,607 points; the Hang Seng China Enterprises Index fell 23 points or 0.26% to 9,151 points. The total market turnover was HK$211.4 billion. In terms of individual stocks, Xiaomi Group-W (1810) saw its target price lowered by several brokerages after announcing its results, with its share price falling 4.8% throughout the day; Techtronic Industries (669) fell 3.0%.

Source: KGI Investment Products and Solutions Department

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