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Markets陳大文

HK Market Midday: Hang Seng Reclaims 22,000

The Hang Seng Index rose over 1.2% at midday, reclaiming the key 22,000 psychological level on China tech rebound and southbound inflows.

Market Overview

The Hang Seng Index traded at 22,045 at midday, up 268 points or 1.23%. Tech led gains with Alibaba-SW up 3.1% and Meituan-W up 2.4%.

Fund Flows

Southbound net inflows reached HK$4.2 billion, the third consecutive day of net buying, signalling renewed confidence from mainland investors.

Outlook

22,000 is near-term resistance; a sustained break could target 22,300. Rate policy uncertainty abroad warrants caution.


This article is for informational purposes only and does not constitute investment advice.

This article is for informational purposes only and does not constitute investment advice. Investing involves risk.