Hong Kong Market Midday Review | Hong Kong stocks rose sharply before retreating; the Hang Seng Tech Index fell 0.81%. Memory storage, PCB, and optical communication stocks continued to adjust, with CSOP Twox Leveraged SK Hynix dropping over 26%, and KB G

Technology and internet stocks were mixed, with Meituan-W down 2.03% and JD.com-SW up 1.54%; solar photovoltaic stocks weakened, with Junda Shares falling 10.00% and Times Digital rising 6.17%; most automotive stocks declined, with Seres down 11.30% and GAC Group down 6.39%;

Futu News12:14

Goldman Sachs: Chinese equities show 'rotation signals,' with A-share hard-tech stocks still favored and H-share internet firms seeing earnings recovery.

Goldman Sachs’ latest China strategy maintains its tactical preference for A-shares over H-shares and hard tech over soft tech, but has started paying attention to the recovery potential of large-cap H-share internet stocks following their valuation adjustments. The key to sustained H-share rebounds lies not in valuations but in earnings: losses from internet subsidies and AI-related capital expenditures continue to weigh on profits. China’s AI sector as a whole is not viewed as a bubble, though signs of localized overheating have emerged in semiconductors and certain A-share hard tech segments.

wallstreetcn10:34

Zhito HK Connect Holdings Analysis | July 13

Stock Connect Holdings Analysis | July 10, 2026

Zhitong Finance08:30

Hong Kong Stock Market Concept Tracker | Memory Chip Giant Samsung Accelerates Capacity Expansion; Next Year Could Be the Tightest Supply Year for Memory (Including Related Concept Stocks)

According to reports, memory chip giant Samsung Electronics plans to bring forward the start of production at its first wafer fabrication plant in Yongin to 2029, one to two years earlier than originally scheduled.

Zhitong Finance07:13

Smartphones emerge as a new battleground for large AI models—what hardware segments stand to benefit from this AI 'super platform'?

① The Jieyue Xingchen AI agent smartphone is manufactured by Huaqin Technology, a company listed on the Shanghai Stock Exchange; ② ZTE Nubia will also showcase an AI agent smartphone at the upcoming 2026 World Artificial Intelligence Conference; ③ Institutions emphasize that although AI smartphones are rapidly gaining adoption, consumer usage demands, memory costs, and ecosystem integration capabilities across different manufacturers will determine competitive dynamics in the next phase of the market.

cls.cnJul 12 09:43

Fund Flows | Southbound capital adds over HK$2.8 billion to Zhipu AI, records net purchases of Alibaba for five consecutive days

Track the latest developments of southbound capital flows.

Gelonghui FinanceJul 10 19:49