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Half Day Roundup

28 Jul, 2021 12:50 PM

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Given declines in US market and volatile A-shares movement, Hang Seng index was choppy in the morning after opening up 270 points. The index rose as much as 434 points earlier, and moved downwards gradually, closing down 59 points at 25,027 by noon. H-shares index rose 33 points to 8,913, and Hang Seng Tech index was up slightly by 1 point to 6,248. Half-day market turnover amounted at HK$157.3bn. Property service stocks generally rebounded, with CG Services (6098) and Shimao Services (0873) up 9.9% and 6.3%. Biotech stocks also rebounded, with Wuxi Bio (2269) and Cansino-B (6185) up 6.3% and 7.5%.

Source: KGI Research

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