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Half Day Roundup

23 Jul, 2021 12:50 PM

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Hong Kong stock market resumed its downtrend on Friday. The Hang Seng Index closed the half 275 points lower at 27,448, while the Hang Seng Tech index also fell 2.2%. Half day market turnover further shrank to HK$69.3bn. Of which, HKEX (0388) reversed recent strength, fell 3.1% on Friday. Besides, there are market news saying domestic brand sportswear sales growth might slow down in the third quarter, Anta (2020) and Li Ning(2331) fell 5.2% and 9.5% respectively.

Source: KGI Research

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