Market Roundup

Hong Kong stock market performed well today. The HSI opened 12 points lower and then turned up, closing at 23,654, up 141 points or 0.6% for the day; the HSCEI rose 56 points or 0.7% to 8,576; the HSTECH rose 29 points or 0.6% to 5,219. The total turnover of the market for the day was HK$212.7bn yuan. Xpeng (9868) posted on its official Weibo that it would start a strategic cooperation with Huawei. The new car will be equipped with Huawei's HUD solution. Xpeng rose 2.1%. A major bank quoted Innovent Biologics (1801) as expected to break even this year. Innovent's share price rose 14.1%.

Source: KGI Investment Products and Solutions Department

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