The Sector experienced unusual movement with China Galaxy rising over 8%, China International Capital Corporation increasing by more than 6%, Southwest Securities up nearly 4%, and China Merchants, Central China, SWHY and others following suit.

Hong Kong stocks in the chip sector continue to rise, with SOLOMON SYSTECH increasing by nearly 5%.

The Hang Seng TECH Index has increased by 2%, with the Hang Seng Index rising over 1%. Shares of Electric Vehicles are leading the market, with NIO surging nearly 13%, Xpeng Motors up nearly 10%, Li Auto rising nearly 6%, and Xiaomi Group and BYD Company increasing by over 3%.