Hong Kong Midday: Hang Seng Gains Narrow to 45 Points; Software Stocks Jump, Kingdee Up Nearly 7%
Market Pulse·
- On August 28, Hong Kong stocks opened higher and fluctuated with the Hang Seng Index up 0.18 % to 25611.38 points and a total market turnover of about 1589 billion HKD.
- Software stocks strengthened driven by US tech rallies with Kingdee International rising nearly 7 %, while mobile supply chain and AI concept stocks also showed active performance.
- Conversely, shipping stocks like OOCL slumped over 9 % following a weak earnings report, and large tech stocks exhibited a divergent trend.
