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Market Roundup

12 Oct, 2021 05:00 PM

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Following the decline in US market last night, Hang Seng index opened down 329 points, and the decline has expanded with A-share market weakness. The indexclosed down 362 points at 24,962. H-shares index fell 1.7% to 8,849, and the Tech index was down 3.2% to 6,199. Market turnover amounted at HK$136.9bn. Sunny Optical (2382) was down 4.2% due to decline in camera shipments in September. Internet stocks generally retreated, with Alibaba (9988) and Tencent (0700) down 3.9% and 2.6% respectively.

Source: KGI Research

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