Zhito Hong Kong Market Insight | AI-driven momentum rebounds globally, with sharp price hikes emerging in raw materials

Yesterday it was noted: 'There’s no need to panic over the sharp AI sell-off—it may have only reached halftime.' Today, AI-related stocks bounced back strongly. The Shanghai Composite Index rose 1.28%, reclaiming the 4,000-point mark, while in Hong Kong, although the index dipped 0.37%, AI-related stocks performed robustly.

Zhitong Finance18minutes ago

Zhitong HK Connect Active Trading | June 9

Stock Connect Active Trading | June 9, 2026

Zhitong Finance19:00

Fund Flows | Southbound capital sold HK$8.614 billion worth of Hong Kong-listed stocks, while buying into KCC Corporation and KB Holdings

Track the latest developments of southbound capital flows.

Gelonghui Finance18:57

Southbound Capital Flow | Southbound trading recorded a net sell-off of HK$8.614 billion, with mainland investors again selling Hong Kong-listed ETFs; JianTao Group (00148) saw over HK$1.8 billion in aggressive buying throughout the day

On June 9, southbound capital recorded a net selling of HK$8.614 billion in the Hong Kong stock market. Of this, Shanghai-Hong Kong Stock Connect saw a net selling of HK$98 million, while Shenzhen-Hong Kong Stock Connect recorded a net selling of HK$85.16 billion.

Zhitong Finance17:50

Hong Kong Market Snapshot | The three major indices moved mixed, with the Hang Seng Index down 0.37%; southbound capital recorded a net outflow exceeding HK$8.6 billion. Semiconductor stocks gained strength, with Tianshu Zhixin rising over 11%, while oil

Technology and internet stocks rose collectively, with Tencent up 1.52% and Alibaba down 1.43%; most oil stocks declined, as Yanchang Petroleum International gained 4.69% while PetroChina fell 4.58%; building materials stocks strengthened, with China National Building Material surging 14.51% and Dongwu Cement rising 3.66%;

Futu News16:18

Hard-tech stocks in the Hong Kong market surged strongly, with the E Fund CSI Overseas China Internet ETF (159196) rising 5.88% and attracting over RMB 1 billion in net fund inflows in the past 20 trading days.

Gelonghui, June 9 | Hong Kong-listed hard tech stocks surged strongly, with gains across the PCB supply chain and semiconductor sectors. KBT Group rose 22%, KBTL rose 14%, and SMIC, Montage Technology, Hua Hong Hongli, and Lenovo Group all advanced, driving a 5.88% increase in the E Fund CSI Connect Information Technology ETF (159196). On the news front, factories in Saudi Arabia’s Jubail Industrial City—supplying approximately 70% of global PPE resin—halted operations at the end of March due to disruptions in shipping through the Strait of Hormuz. With shortages emerging in high-end copper-clad laminates and high-speed PCB raw materials, both pricing and lead times have spiraled out of control, officially triggering an industry-wide price hike wave. According to Goldman Sachs

Gelonghui Finance14:12