Market Roundup

The Hang Seng Index opened 209 points higher, rising over 270 points to 26,239, but later pared gains. The Hang Seng Index rose 154 points, or 0.6%, to 26,122. The H-share Index rose 43 points, or 0.5%, to 9,343, while the Hang Seng Tech Index rose 73 points, or 1.2%, to 6,024. Market turnover for the day totaled 122.9 billion yuan. Chip stocks performed well, with SMIC (981) rising over 5% and Hua Hong Semiconductor (1347) rising nearly 12%. Conversely, auto stocks came under pressure, with Li Auto (2015) falling nearly 3%.

Source: KGI Investment Products and Solutions Department

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