Market Roundup

Hong Kong stocks continued their rebound today, with the Hang Seng Index closing up 178 points or 0.69% at 25,894, having briefly climbed back above the 26,000 mark during the session. The Hang Seng Tech Index performed better, rising 66 points or 1.2% to 5,612, while the H-share Index rose 79 points or 0.87% to 9,158. Total turnover for the day was approximately HK$231.1 billion. Xiaomi Group (1810) benefited from founder Lei Jun's purchase of 2.6 million shares for over HK$100 million the previous day, with its share price closing up 4.3% at HK$40.34. Technology stocks generally performed well, with Baidu (9888) rising 4.6% to HK$116.9. On the downside, Xinyi Glass (868) fell 2.1% to HK$8.64, and CR Beer (291) fell 1.5% to HK$27.52.

Source: KGI Investment Products and Solutions Department

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