Gate market data showed Hong Kong equities reversed early losses by midday, with the Hang Seng Index moving back into positive territory after opening more than 150 points lower. By the midday break, the Hang Seng Index was up 0.07% at 25,457.33, while the Hang Seng Tech Index rose 0.3% to 4,790.56. Market turnover reached HK$132.028 billion.
The session was described as a low-open, high-close move for the morning, as the benchmark climbed through the session and erased its initial decline. In sector performance, computing power hardware shares were among the stronger names. On individual stocks, Cambridge Technology closed the morning up 15.37%, while SG Micro gained 7.69%, according to the figures cited by ChainCatcher from Gate data.
Hong Kong stocks reversed early losses in morning trading, according to Gate market data cited by ChainCatcher.
The Hang Seng Index opened more than 150 points lower, then climbed through the morning and recovered its losses. By the midday close, the index was up 0.07% at 25,457.33. The Hang Seng Tech Index rose 0.3% to 4,790.56.
Market turnover reached HK$132.028 billion. In sector moves, computing power hardware names showed strong performance. Among individual stocks, Cambridge Technology rose 15.37%, while SG Micro gained 7.69%.
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