Hong Kong Market Close: Hang Seng Tech Index fell 2.71%, AI tech stocks plunged, and precious metals tumbled!

On June 8, impacted by sharp declines in overseas markets, Hong Kong’s three major indices fell again, marking their fourth consecutive day of losses, with market sentiment extremely weak. The primary drivers were a sudden surge in expectations of Federal Reserve tightening, compounded by escalating geopolitical risks weighing on risk assets. At the close, the Hang Seng Index declined 1.22% to 24,657 points, the Hang Seng China Enterprises Index dropped 1.13% to 8,341 points, and the Hang Seng Tech Index tumbled 2.71% to 4,755 points. Specifically, heavyweight technology stocks dragged significantly on the broader market; stronger-than-expected U.S. nonfarm payroll data sharply boosted rate hike expectations, leading to broad-based losses in gold, copper, aluminum, and other base metal stocks; memory semiconductors,

Gelonghui FinanceJun 8 16:42

Sunny Optical Technology Group Stock Sheds 6.0% in Hong Kong

Dow JonesJun 8 16:31

Express News | NVIDIA CEO Jensen Huang stated that the moment for robots to achieve industrialization is 'just around the corner.'

BreakingsJun 8 14:15

Hong Kong-listed robotics-related stocks gained against the market trend, as Jensen Huang and Masayoshi Son highlighted physical AI and robotics as key investment areas, and Tesla's V3 version may debut by the end of June.

Jensen Huang stated that as a global manufacturing hub, South Korea will continue to enhance its level of chip manufacturing automation, and robotics technology and physical AI will become key focus areas for the next stage of industrial development, with the related market size expected to expand further. Additionally, another prominent investor, Masayoshi Son, also remarked that the field of physical AI and robotics will give rise to the next trillion-dollar company. Notably, Tesla is accelerating the mass production of its humanoid robot; the Fremont factory has already completed production line modifications and is expected to begin production in July–August 2026, with an annual capacity of one million units. The V3 version may be unveiled by the end of June.

China Securities JournalJun 8 13:22

Express News | Bloomberg: Sunny Optical is considering issuing dim sum bonds worth approximately RMB 3 billion, with plans to launch the five-year bond offering as early as this month.

BreakingsJun 8 12:15

Zhitong Hong Kong Short Position Holding Statistics | June 5

Zhitong HK Short Position Holdings | June 5

Zhitong FinanceJun 5 18:30