Market Roundup

Market Focus on China-U.S. Trade Relations. The Hang Seng Index opened 246 points lower and then extended its losses, once falling 621 points to a low of 22,668. By the end of the day, losses narrowed to 132 points or 0.57%, closing at 23,158. The China Enterprises Index fell 73 points or 0.86%, to 8,359. The Hang Seng Tech Index dropped 36 points or 0.7%, to 5,134. Total turnover in the Hong Kong stock market for the day was HKD 145.2 billion. New World Development (17) delayed the distribution of interest on four perpetual bonds, and its share price fell 6.5%.

Source: KGI Investment Products and Solutions Department

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