Kuaishou (01024.HK) closed up nearly 8% in Hong Kong stocks.
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The Hong Kong Hang Seng Tech Index closed up nearly 5%, with Alibaba surging 12%.
According to Mars Finance, the Hong Kong Hang Seng Index closed up 2.99%, and the Hang Seng Tech Index rose 4.97%. Heavyweight tech stocks led the gains, with Alibaba surging over 12%, Xiaomi Group rising over 9%, Baidu Group rising over 6%, and JD.com and Tencent Holdings both rising over 3%. AI big data model giants Zhipu and MiniMax also surged, with Zhipu rising over 13% and MiniMax rising nearly 12%. The semiconductor sector also rose, with Shanghai Fudan University up over 6%, and Huahong Grace and SMIC both rising over 3%. The lithium sector declined, with Tianqi Lithium falling over 8% and Ganfeng Lithium falling over 7%. (Cailian Press)
Fengcheng Holdings surged nearly 27%, Gate.com provides one-stop insights into Hong Kong stock market hotspots.
According to Odaily Odaily, some popular stocks in the Hong Kong stock market performed actively today. Data from the Gate platform shows that the top three gainers in the Hong Kong stock market are Fengcheng Holdings (+26.66%), Zhida Technology (+23.84%), and China Huajun (+20.53%). Among them, Fengcheng Holdings' single-day increase of nearly 27% reflects the market's continued focus on highly volatile Hong Kong stocks. Gate.com has established a 24/7 trading service system covering three core markets: US stocks, Hong Kong stocks, and Korean stocks. It supports over 10,000 US stocks and ETFs, over 1,500 Hong Kong stocks, and over 1,000 Korean stocks, totaling over 12,500 stocks and ETFs globally. Users can participate in global stock investment through their Gate.com unified account using USDT, supporting fractional share transactions starting from as low as 0.01 shares, and enjoying stock dividend rights. The platform also supports cross-brokerage transfers for US and Hong Kong stocks, as well as corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.
Hong Kong-listed AI stocks rallied, with Huiju Technology rising nearly 9%.
Mars Finance reported on July 8th that Hong Kong-listed artificial intelligence stocks rallied, with Huiju Technology (01729.HK) rising 8.96%, Shanghai Fudan (01385.HK) rising 5.53%, and Lenovo Group (00992.HK) rising 4.41%. (Science and Technology Treasure Broadcast)
Hong Kong Stocks Midday Review: Hang Seng Index down 0.42%, Samsung concerns drag down memory semiconductors.
Mars Finance reported on July 7th that Hong Kong's three major stock indices rose in the morning but then continued to decline. By midday, the Hang Seng Index and the H-share Index were both down 0.42%, while the Hang Seng Tech Index fell 0.28%. The performance of heavyweight tech stocks, which had been rebounding , long. Kuaishou plummeted over 9%, JD.com fell over 1%, Meituan rose over 4%, and Tencent rose nearly 3%. Samsung's surged profits could not mask underlying concerns, leading to a sharp decline in memory semiconductor stocks. Southern Securities' double- long positions in Hynix and Samsung Electronics both plummeted over 19%, Montage Technology fell over 10%, and GigaDevice fell over 8%. PCB concept stocks, gold stocks, and photovoltaic stocks all fell; mobile game stocks and AI application concept stocks bucked the trend and were active. (TechStock Treasure Broadcast)
Kuaishou shares surged over 7% in Hong Kong after Keling AI completed a financing round of approximately US$3 billion.
According to BlockBeats, on July 6, based on Bitget market data, Kuaishou's Hong Kong-listed shares rose by over 7.56%, with a turnover of nearly HK$3 billion. This followed Keling AI's completion of a financing round of approximately US$3 billion.
Hong Kong-listed technology stocks weakened after the market opened, influenced by market news regarding Samsung Electronics.
According to Odaily Odaily, some Hong Kong-listed technology stocks weakened after the market opened, possibly influenced by market news that Samsung Electronics plans to raise DRAM product prices by about 20% in the third quarter. Sunny Optical Technology fell by more than 4%, and Lenovo Group fell by 3.4%.