Market Roundup

2025.07.29 17:00

On the eve of the futures contract settlement, the Hong Kong stock market was under pressure, with all three major indices falling. The Hang Seng Index dropped 37 points or 0.15% for the whole day, closing at 25,524 points; the Hang Seng Tech Index fell nearly 0.3%, closing at 5,644 points; the China Enterprises Index dropped 31 points or 0.3%, closing at 9,146 points. The total turnover on the main board for the day was about HKD 267 billion. In terms of individual stocks, Xiaomi (1810) fell 2.6%. The pharmaceutical sector bucked the trend and performed well. WuXi AppTec (2359) saw a significant profit increase in the first half of the year, with its stock rising more than 11% for the day, becoming the largest blue-chip gainer. CSPC Pharmaceutical Group (1093) and WuXi Biologics (2269) rose by 8.4% and 5%, respectively.

Source: KGI Investment Products and Solutions Department

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