Market Roundup

The Hang Seng Index opened 530 points lower, initially falling 590 points to a low of 26,295 before narrowing its losses. At midday, it was down 304 points, or 1.1%, at 26,580. The Hang Seng China Enterprises Index fell 47 points, or 0.5%, to 9,045; and the Hang Seng Tech Index fell 25 points, or 0.5%, to 5,380. Total turnover for the morning session was HK$139.462 billion. Automotive stocks bucked the trend, with Geely (175) and Xiaomi (1810) rising 1.7% and 1.5% respectively.

Source: KGI Investment Products and Solutions Department

The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.