Hong Kong Market Midday Review | All three major indices declined, with the Hang Seng Tech Index falling over 2%; tech and internet stocks dropped, Tencent down nearly 6%; gold and semiconductor stocks rose against the trend, Montage Technology up nearly

Tech and internet stocks declined, with NetEase down 6.24% and Tencent down 5.74%; non-ferrous metal stocks rose across the board, with Lingbao Gold up 16.03% and Chifeng Gold up 14.48%; mobile gaming stocks fell, with NetEase down 6.24% and Tencent down 5.74%;

Futu News12:10

Futu Morning Brief | Markets surge violently! Memory chip leaders soar; U.S. to unveil new tariff policy replacing the initial 10% global import tariffs; Zhongji Xuchuang's Hong Kong IPO priced no higher than HK$1,010, expected to be the year's largest IP

Trump: Iran wants talks, but the U.S. 'is not interested' and will 'soon' strike Iran's Fordow nuclear facility; the yen fell below the 163-per-dollar mark, hitting its lowest level since 1986.

Futu News08:17

Express News | The China Securities Regulatory Commission (CSRC) held a series of symposiums with listed companies, industry institutions, and experts and scholars to solicit opinions and suggestions.

BreakingsJul 21 19:19

Halftime: Financing Boom vs. Tight Liquidity

Following the mid-point, market performance is expected to broaden within the upper arm of a K-shaped recovery driven by safety and investment themes. In addition to AI hardware, sectors such as AI applications, industrials, and commodities are also poised to enter their next phase of growth.

CICC InsightsJul 21 17:54

Market Snapshot | The three major indices moved mixed, with the Hang Seng Tech Index rising 1.32%; AI application and semiconductor stocks surged, with Zhipu AI soaring 36%, and Hua Hong Hongli and Montage Technology climbing over 17%; gold stocks broadly

Tech stocks broadly declined, with Baidu Group-SW down 1.83% and Meituan-W down 1.27%; gold stocks strengthened, with China Gold International up 10.67% and Zijin Gold International up 10.46%; mobile phone supply chain stocks rose, with Hua Hong Hongli up 17.91% and Kingboard Group up 9.29%.

Futu NewsJul 21 16:22

Hong Kong Market Midday Review | Hang Seng Tech Index rises nearly 2%; Zhipu AI surges over 25%; semiconductor, memory, and PCB-related stocks rebound strongly, with Hua Hong Hongli up over 17%, GigaDevice up over 13%, and KB Special Paper up nearly 13%

Technology and internet stocks moved mixed, with Alibaba Group Holding Ltd. rising 1.80% and Baidu, Inc. falling 1.74%; shares across the smartphone supply chain rose broadly, with Hua Hong Semiconductor Ltd. up 17.14% and Kingboard Holdings Ltd. gaining 9.96%; gold stocks advanced across the board, with China National Gold International Resources Corp. Ltd. rising 7.86% and Zijin Mining Group Co., Ltd. up 5.62%;

Futu NewsJul 21 12:14