Hang Seng Tech Index up by 0.77%

Quick updates for today: 

Hang Seng Tech Index was up by 0.77% today primarily held up by SMIC (0981.HK), KOOLEARN (1797.HK), AAC TECH (2018.HK), FIT HON TENG (6088.HK) and BYD (0285.HK) which were all up more than 3% and overall turnover of 30.02 billion. 

The big names like Tencent (0700.HK), Xiaomi (1810.HK), Alibaba (9988.HK), Meituan (3690.HK) were mainly flat or down. It seems like there's some rotational play in the HSIT constituent stocks and we will continue to monitor when the ETF tracking fund will be up and running for HSI Tech, similar to HSI ETF and HSCEI ETF. 

It is important from Hong Kong/China's perspective to ensure that this index remains healthy and not get hammered down since its launch early this week to be comparable against the US Nasdaq.  

Below courtesy from Aastocks.com

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