Market Roundup

Hong Kong stock market fell in the morning, with the HSI opening 130 points lower and then widening its losses to close down 188 points or 0.7% at 26,384. The HSCEI fell 69 points or 0.74% to close at 9,328, and the HSTECH fell 55 points or 1% to 5,756. Total market turnover was HK$217.6bn. The Ministry of Culture and Tourism reminded Chinese tourists to avoid traveling to Japan recently. Travel platforms Tongcheng (0780) and Ctrip (9961) fell 1.6% and 3.6% respectively. Lithium stocks Ganfeng (1772) and Tianqi (9696) rose 9% and 5.7% respectively. Resource stocks generally declined, with Hongqiao (1378) and CMOC (3993) falling 3.1% to 4.4%.

Source: KGI Investment Products and Solutions Department

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