Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2
Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;
Market Snapshot | Hang Seng Index down 0.7%, Hang Seng Tech Index nearly flat; semiconductor stocks rose, with SMIC up over 10%; memory-related stocks performed strongly, with GigaDevice surging nearly 22% and CSOP Leveraged 2x SK Hynix ETF gaining over 1
Tech and internet stocks declined, with Kuaishou-W down 4.27% and Meituan-W down 2.97%; smartphone supply chain stocks rose, with SMIC up 10.22% and Huahong Hongli up 8.44%; most auto stocks fell, with New Jiaolong RV down 9.72% and Geely Auto down 4.53%;
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Hong Kong Market Snapshot | All three major indices rose, with the Hang Seng Tech Index surging nearly 5%; tech and internet stocks performed strongly, Alibaba gained over 12%, and Xiaomi rose nearly 10%; AI application-related stocks strengthened, with Z
Tech and internet stocks rose across the board, with Alibaba-W up 12.21% and Xiaomi Group-W up 9.52%; shares in the smartphone supply chain strengthened, with Kingboard Group down 12.23% and Xiaomi Group-W up 9.52%; mobile gaming stocks also advanced collectively, with Kingsoft up 6.48% and Bilibili-W up 5.04%.
Market Snapshot | All three major indices declined, with the Hang Seng Tech Index down 0.75%; tech and internet stocks broadly fell, led by Kuaishou dropping over 12%; memory-related stocks collectively slumped, with CSOP FTSE China A50 2x Leveraged Samsu
Tech and internet stocks declined, with Kuaishou-W down 12.04% and Meituan-W up 4.54%; internet healthcare stocks weakened, with Ping An Good Doctor down 5.00% and MediVation down 4.38%; biotechnology stocks mostly fell, with RemeGen down 6.94% and Innova Biopharma-B down 4.89%;
Express News | Pan Gongsheng, Governor of the People's Bank of China: Support More High-Quality Enterprises in Listing and Issuing Bonds in Hong Kong; Annual Net Investment Quota for Bond Connect's "Southbound Trading" Increased to RMB 800 Billion