Market Roundup

Hong Kong stock market rose today. The HSI opened 193 points higher and then extended its gains, closing up 494 points, or 1.9%, at 26,622. The HSCEI rose 151 points, or 1.6%, to 9,454. The HSTECH rose 129 points, or 2.1%, to 6,324. Total market turnover reached HK$309.1bn. Brokerage stocks rallied, with GF Securities (1776) and Huatai Securities (6886) rising 12.5%, and CITIC Securities (6030) surging 11.8%. Chinese insurers China Life Insurance (2628) rose 4.6%, while CPIC (2601), PICC (1339), and China Taiping Insurance (0966) rose over 3%. Xiaomi (1810) fell 2% after Lei Jun claimed the Xiaomi 17 Pro Max broke its first-sales record.

Source: KGI Investment Products and Solutions Department

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