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Hong Kong Stock Market Midday Review | All three major Indexes rose, with the Technology Index increasing by 2.3%; tech and tea beverage stocks surged, with Kuaishou and Alibaba rising over 3%, and Mx Group rising over 7% to reach a new high.
Network Technology stocks rose, NTES-S increased by 3.90%, KUAISHOU-W rose by 3.39%; Mobile Game stocks climbed, XD INC increased by 6.37%, NTES-S rose by 3.90%; Sporting Goods stocks performed well, XTEP INT'L increased by 3.61%, YUE YUEN IND rose by 3.53%.
Hong Kong market quick review | The three major indices had mixed results, with the Hang Seng Index rising by 0.23%, marking six consecutive increases; Home Appliances stocks performed actively, with HISENSE HA rising by 6%; MINISO increased by nearly 4%.
Network Technology stocks rose together, with KUAISHOU-W up 1.69% and Alibaba-W up 1.57%; Apple Supplier stocks generally fell, with AAC TECH down 5.46% and Q TECH down 2.88%; Most Hong Kong Retail Stocks declined, with MILAN STATION up 6.60% and PRADA down 4.18%.
Hong Kong stock midday commentary | The three major Indices opened high and fell, with the technology index dropping nearly 1%; Consumer stocks performed actively, with Wei Long Delicious rising nearly 5% to set a new high, and Anta rising over 3%.
Network Technology stocks fluctuated, with NTES-S down 1.75% and Alibaba-W up 1.29%; Casinos and Gaming stocks saw many declines, with PARADISE ENT up 5.52% and GALAXY ENT down 3.57%; Apple Supplier stocks experienced many declines, with AAC TECH down 4.09% and BYD Electronics down 2.21%.
Semiconductor stocks fell broadly. SHANGHAI FUDAN (01385) dropped 3.32%. Trump initiated an investigation into semiconductor imports.
Jin Wu Finance News | Semiconductor stocks fell broadly, with BEKE Micro (02149) dropping 4.35%, SHANGHAI FUDAN (01385) down 3.32%, Semiconductor Manufacturing International Corporation (00981) down 2.84%, HUA HONG SEMI (01347) down 2.78%, HG SEMI (06908) down 1.96%, CE HUADA TECH (00085) down 1.39%, and ASMPT (00522) down 1.37%. On the news front, the Trump administration in the USA is initiating an investigation into semiconductor and Pharmaceutical imports citing National Security concerns. The US tariff actions are expanding, and Trump stated that he will
Hong Kong market quick review | The three major Indexes all rose, with the technology Index up 1.80%; Autos and Semiconductors performed well, with BYD shares rising over 7% and Semiconductor Manufacturing International Corporation rising nearly 6%.
Network Technology stocks showed mixed results, XIAOMI-W rose by 2.79%, KUAISHOU-W increased by 2.28%; Lithium Battery stocks strengthened, BYD Company rose by 7.15%, BYD Electronics increased by 6.12%; Autos stocks rose across the board, BYD Company rose by 7.15%, XPeng Inc. increased by 6.67%.
Hong Kong stocks midday review | The three major Indices surged near noon, with the tech Index rising over 1%; gold and semiconductor stocks led the gains, with Chifeng Jilong Gold Mining up nearly 14% and HUA HONG SEMI soaring over 19%.
Network Technology stocks showed mixed results, with Bilibili-W up by 2.50% and XIAOMI-W up by 2.21%; Golden Industrial Concept stocks rose, PERSISTENCE RES increased by 17.39% and LINGBAO GOLD increased by 11.64%; Digital Health stocks also rose, ALI HEALTH was up by 4.74% and JD HEALTH increased by 4.15%.