The Hong Kong Hang Seng Tech Index closed up nearly 5%, with Alibaba surging 12%.
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The Hong Kong Hang Seng Index closed up 702.57 points, or 2.99%.
According to Mars Finance, Gate data shows that the Hong Kong Hang Seng Index closed up 702.57 points, or 2.99%, at 24,199.46 on Wednesday, July 8th; the Hang Seng Tech Index closed up 223.98 points, or 4.97%, at 4,731.02; the H-share Index rose 313.96 points, or 4.04%, to 8,084.22; and the Red Chip Index gained 69.8 points, or 1.83%, to 3,874.93.
Hong Kong Stocks Midday Review: Hang Seng Index Up 2.38%, Hang Seng Tech Index Up 4.34%
Mars Finance reports that at midday closing, the Hang Seng Index rose 2.38%, and the Hang Seng Tech Index rose 4.34%. The semiconductor sector surged, with Tianshu Zhixin up 11%, Huahong Grace up over 8%, and SMIC and Shanghai Fudan both up over 7%. (Cailian Press)
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)
Hong Kong stocks opened higher, with the Hang Seng Index up 0.19%, and the artificial intelligence sector performing strongly.
According to ChainCatcher and Gate market data, the Hang Seng Index opened 0.19% higher in Hong Kong, while the Technology Index rose 0.42%. The artificial intelligence sector opened higher, with Lenovo Group (00992.HK) up 4.4% and Kingboard Laminates (01888.HK) up 4%. MOMENTA-W (06880.HK) opened 1.83% higher on its first day of trading.
Kuaishou (01024.HK) closed up nearly 8% in Hong Kong stocks.
According to Odaily Odaily, Hong Kong stocks closed with the Hang Seng Index rising 1.14% and the Hang Seng Tech Index rising 0.94%. Innovative drug concepts strengthened, and tech stocks rebounded. China Biopharmaceutical (01177.HK) rose 6.5%, Kuaishou (01024.HK) rose nearly 8%, and Tencent Holdings (00700.HK) rose 4.8%.
Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share.
Mars Finance reported on July 8th that Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share. (Science and Technology Treasure Broadcast)