Market Roundup

The Hong Kong stock market opened with mixed performance across multiple sectors, trading within a narrow range. The Hang Seng Index closed at 23,914 points at midday, up 22 points or 0.09%; the China Enterprises Index stood at 8,622 points, up 25 points or 0.29%; while the Hang Seng Tech Index closed at 5,209 points, down 0.44% or 23 points. The market turnover for the first half of the day was HKD 125.7 billion. Boyaa (434) surged 16%, following gains in Bitcoin and cryptocurrency-related stocks. Meanwhile, Apple concept stocks saw Sunny Optical Technology (2382) rise 6.26%. On the other hand, the local property sector saw Wharf Real Estate Investment Company (1997) fall 3.83%.

Source: KGI Investment Products and Solutions Department

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.