Hang Seng Tech Index closing positive for today

Today the Hang Seng Tech Index closed positive however looking at the constituent stocks, the top 4 companies didn't do so well and it was really held up by Hua Hong Semi (1347.HK) +13.3% and SMIC (0981.HK) +8.74%.

If the heavy weighted constituent companies are not doing well despite the Index being up, we will need to be cautious to see where the market is trending.

Below is courtesy from AAstocks:


Disclaimer: Whatever posted here is purely my personal view. It is not an inducement to trade and not responsible for any losses. Tips and News might just be rumors in the market. I take no responsibility for any gains or losses as a result of reading my analyses, judgement and opinions. Trade with care and diligence please!

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