Hong Kong equities moved higher in morning trading on Aug. 28, according to market data cited by ChainCatcher from Gate. By the midday break, the Hang Seng Index was up 0.47%, while the Hang Seng Tech Index had gained 0.6%.
Telecom and network infrastructure names led the advance. Junzhi Group and Pan-Asia Telecommunications each rose more than 4%, while Zhongji Xuchuang climbed more than 3%. Property shares were also broadly stronger in the session, with CIFI Holdings Group and Sunac China both posting gains of more than 5%.
The report focused on the early trading performance of the Hong Kong market and highlighted strength across both technology-related infrastructure stocks and mainland property developers listed in Hong Kong.
Hong Kong stocks traded higher in the morning session on Aug. 28, according to Gate market data cited by ChainCatcher.
By the midday close, the Hang Seng Index was up 0.47% and the Hang Seng Tech Index had risen 0.6%. Telecom and network infrastructure stocks were among the top gainers, with Junzhi Group and Pan-Asia Telecommunications up more than 4%, and Zhongji Xuchuang up more than 3%. Property shares also moved higher across the board, with CIFI Holdings Group and Sunac China each gaining more than 5%.
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