Market Roundup

Hong Kong stocks weakened sharply in the morning session, pressured by A-shares. The Hang Seng Index opened higher but quickly gave up its gains, ending the day down 305 points, or 1.21%, at 25,037. The H-share Index fell 127 points, or 1.41%, to 8,922. The Hang Seng Tech Index dropped 95 points, or 1.66%, to 5,589. Market turnover for the day totaled 169.2 billion yuan. Reports indicate that mainland China is considering measures to cool stock market speculation. Alibaba (9988) fell 3.7%.

Source: KGI Investment Products and Solutions Department

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