Market Roundup

Hong Kong stocks were volatile and slightly weak on the index futures settlement day. The Hang Seng Index opened 125 points higher and remained steady, once rising 146 points to a high of 24,471. However, it ended the day down 41 points or 0.17%, closing at 24,284. The China Enterprises Index fell 41 points or 0.47%, closing at 8,762. The Hang Seng Tech Index dropped 4 points or 0.1%, ending at 5,341. The total market turnover for the day was HKD 275.1 billion. Xiaomi (1810) launched its new car model YU7 for public sale, and within the first hour, nearly 290,000 orders were placed. Its stock price rose 3.6% for the day, closing at HKD 58.95.

Source: KGI Investment Products and Solutions Department

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