HSI Gains 40 Pts; BUD APAC Muted
$Hang Seng Index (800000.HK)$ opened 40 pts or 0.3% higher at 15,349. $Hang Seng China Enterprises Index (800100.HK)$ opened 21 pts or 0.4% higher at 5,148. $Hang Seng TECH Index (800700.HK)$ opened 14 pts or 0.5% higher at 3,144.
As to other shares, $HENGAN INT'L (01044.HK)$ slid 4%. $BUD APAC (01876.HK)$ sank 1.5% and then extended its decline to over 3%. JPMorgan expected $BUD APAC (01876.HK)$ 's ASP in China market this year to be under pressure, and lowered its TP to $11.5. BUD APAC opened lower by 1.5% before deepening the dive to over 3%.
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Ben 23 : from green turn red.