Market Roundup

Hong Kong stock market fell significantly today. The HSI opened 120 points lower and then fell 328 points. It narrowed to 281 points or 1.2% at mid-day to 23,698; the HSCEI fell 102 points or 1.2% to 8,592; the HSTECH fell 83 points or 1.6% to 5,208. The total market turnover at mid-day was HK$103.94bn. Wang Xing, chairman of Meituan (3690), sold shares of Li Auto (2015) for four consecutive days. Ideal's share price fell 3.8%. JD.com (9618)'s full-time food delivery riders increased to more than 120,000 and are expected to exceed 150,000 by the end of September. The share price fell 1.1%.

Source: KGI Investment Products and Solutions Department

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