Zhitoong Hong Kong Connect Active Trading | July 16
Stock Connect Active Trading | July 16, 2026
Fund Flows | Southbound capital has been accumulating Alibaba for nine consecutive days, while AI hardware stocks faced concentrated selling pressure.
Track the latest developments of southbound capital flows.
Oil, Tech Outlooks Gyrate Asian Stock Markets
Hang Seng Index closes up 327 points, reclaiming the 25,000 mark; Xiaomi surges over 6%, while leveraged ETFs tracking Samsung Electronics and SK Hynix drop by approximately 20%.
U.S. producer prices rose at a slower year-over-year pace last month, leading markets to scale back expectations for Federal Reserve rate hikes. The three major U.S. equity indices closed up between 0.3% and 0.6%, with large-cap technology stocks performing well, although most semiconductor stocks declined. The Hang Seng Index opened 143 points higher, extended its gains during the session, and at one point surged by 540 points to an intraday high of 25,221. It closed the day at 25,008, up 327 points or 1.33%, with total market turnover reaching HK$322.892 billion. The Hang Seng Tech Index closed at 4,834, up 93 points or 1.98%. The Hang Seng China Enterprises Index ended at 8,318, rising 133 points or 1.63%. Leading technology stocks led the rally, with Xiaomi-W (0
Hong Kong Market Close (07.16) | Hang Seng Index Gains 1.33%, Reclaiming 25,000; Tech Stocks Active Throughout the Day, Memory Storage Sector Leads Declines
The three major Hong Kong stock indices continued their upward trend, with the Hang Seng Index reclaiming the 25,000 mark and the Hang Seng Tech Index rising by more than 3% intraday.
Hong Kong Stocks Climb 1.3%