Hong Kong Market Quick Look | All three major indices rose, with the tech index up 0.79%; gold, semiconductor, and optical communications stocks performed strongly, with Zijin Mining gaining over 3%, SMIC rising nearly 5%, and Haiguangxin surging nearly 17%.
Tech stocks declined, with Bilibili-W down 2.72% and Tencent down 1.23%; gold stocks surged across the board, with Lingbao Gold up 8.81% and Chifeng Gold up 7.65%; non-ferrous metal stocks also rose, with Lingbao Gold gaining 8.81% and Shandong Gold up 5.22%;
A wealth of information: Hong Kong unveils its first five-year plan.
On September 16, Hong Kong Special Administrative Region Chief Executive John Lee announced the "First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region (2026–2030)" (hereinafter referred to as the "Plan").
Hong Kong unveils its first five-year plan: focusing on the artificial intelligence industry and strengthening its role as the world's largest offshore RMB hub.
The Hong Kong Special Administrative Region Government has unveiled its first Five-Year Plan (2026–2030), centering on artificial intelligence and Greater Bay Area integration, with six key objectives. The plan aims to sustain moderate GDP growth and sets a target of raising R&D expenditure to 3% of GDP by 2030. AI is designated as a strategic industry, with efforts underway to develop computing‑power infrastructure and drive digital transformation across various sectors. In the financial sector, Hong Kong will strengthen its position as an offshore RMB hub, refine its securities market, and attract more leading mainland and international companies to list in Hong Kong.
Hong Kong Stock Midday Review | The tech index rose nearly 1%, with Zhipu up over 8% and Lenovo Group up over 7%; optical communications and semiconductor stocks rallied, with Cambridge Technology surging more than 13%, Zhongji Xuchuang gaining over 8%, and HuaHong Hongli climbing more than 7%.
Tech stocks broadly declined, with Bilibili-W down 2.31% and Xiaomi Group-W down 0.98%; gold stocks all rose, with Lingbao Gold up 6.34% and Chifeng Gold up 6.34%; mobile‑phone industry stocks also advanced across the board, with HuaHong Hongli up 7.19% and Lenovo Group up 7.05%;
Express News | Cailian Press Midday News Highlights, September 16
1. At the midday close, the Shanghai Composite Index rose 0.57%, the Shenzhen Component Index gained 1.42%, the ChiNext Index increased by 2.35%, and the STAR 50 Index surged 4.5%. 2. In Hong Kong stocks, at the midday close, the Hang Seng Index edged up 0.12%, while the Hang Seng Tech Index rose 0.87%. 3. The "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026–2030)" was released today, proposing support for leading mainland and overseas industry players as well as high-quality emerging enterprises to list in Hong Kong; artificial intelligence is designated as a key industry for Hong Kong's future development. 4. This morning, the Pinglu Canal, a backbone project of the New International Land-Sea Trade Corridor, officially opened to navigation. Construction began on August 28, 2022. Spanning 134.2 kilometers and built to Class I inland waterway standards, it can accommodate vessels of up to 5,000 tons, making it the canal with the highest navigation class in China. 5. Sam Altman, CEO of OpenAI, stated that he believes AI companies can safely advance technological development without causing significant harm to society, expressing strong confidence in the industry's ability to achieve this goal.
Express News | Hong Kong: Support for leading domestic and overseas industry players and high-quality emerging industry enterprises to list in Hong Kong
According to the Hong Kong Special Administrative Region (HKSAR) Government Gazette, the "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026–2030)" was announced today (September 16). The plan proposes optimizing the performance of the securities market by enhancing the competitiveness of the listing regime and improving the operational efficiency of securities market infrastructure. It aims to support leading domestic and overseas industry players, as well as high-quality enterprises in emerging industries, to list in Hong Kong. This includes deepening the connectivity and cooperation between the Hong Kong Exchange and the Qianhai Equity Trading Center, facilitating more high-quality mainland enterprises to access international capital markets through Hong Kong’s listing platform, and establishing smoother and more efficient listing services. Furthermore, the plan seeks to refine and expand mechanisms for financial market interconnectivity, explore emerging sectors, leverage the function of investment and financing platforms, and promote economic, trade, financial, and infrastructure cooperation with countries participating in the Belt and Road Initiative and emerging economies in the Global South.
Futu Morning Brief | The market is preparing for tonight's rate hike, as Hassett says Trump respects Walsh's decision; the landmark regulatory bill Clarity for the crypto market was rejected; Hong Kong's first five-year plan and the 2026 Policy Address were unveiled today.
The crypto bill has hit a snag, leaving industry regulation and Wall Street M&A deals in limbo; meanwhile, OpenAI is reportedly in talks for pre-IPO funding, with its valuation potentially reaching $1.2 trillion.
The technology sector is poised for a rebound in late September.
The most intriguing aspect of the market lies in the gap between expectations.The STAR 50 index has finally rebounded.This is the first bullish candlestick to stabilize after two consecutive weeks
Hong Kong Market Quick Look | All three major indices declined, with the tech index down 0.62% and MINIMAX falling more than 7%; PCB concept stocks and mobile gaming shares stood out, with Dazhu CNC rising nearly 5% and NetEase gaining nearly 3%.
Tech stocks declined, with NetEase up 2.75% and Kuaishou-W down 2.55%; gold stocks weakened, with Tongguan Gold down 6.04% and Chifeng Gold down 5.33%; non-ferrous metal stocks fell across the board, with Shandong Gold down 4.65% and Zijin Mining down 3.81%.
Hong Kong Stock Market Midday Review | The three major indices were mixed, with the tech index up 0.76%; tech stocks broadly advanced, with Tencent gaining nearly 3% and Alibaba rising more than 2%; semiconductor and PCB-related shares also climbed, with Lanqi Technology surging 7% and Kingboard Group advancing close to 5%.
Tech stocks rallied across the board, with NetEase up 3.40% and Tencent up 2.93%; mobile gaming stocks delivered strong performance, with NetDragon up 3.68% and NetEase up 3.40%; most lithium battery stocks declined, with CATL down 3.01% and Tianqi Lithium down 2.39%;
Express News | Cailian Press Midday News Highlights, September 15
1. By the midday close, the Shanghai Composite Index fell 0.1%, the Shenzhen Component Index rose 0.04%, and the ChiNext Index dropped 0.18%. 2. In the Hong Kong market's midday close, the Hang Seng Index declined 0.23%, while the Hang Seng Tech Index gained 0.76%. 3. Data from the National Bureau of Statistics showed that in August, the value-added of industrial enterprises above designated size increased by 5.2% year-on-year in real terms, an acceleration of 0.7 percentage points from the previous month. From January to August, total retail sales of consumer goods grew by 1.1% year-on-year. During the same period, national fixed-asset investment (excluding rural households) decreased by 7.2% year-on-year. 4. In August, among the 70 large and medium-sized cities, transaction prices of new commercial residential properties in first-tier cities rose month-on-month; the month-on-month declines in second- and third-tier cities generally narrowed, while year-on-year declines across first-, second-, and third-tier cities continued to narrow. 5. The Ministry of Industry and Information Technology and the National Development and Reform Commission issued the "15th Five-Year Plan for the Development of the Electronic Information Manufacturing Industry," which calls for accelerating the deployment of new computing paradigms such as processing-in-memory, quantum computing, optical computing, neuromorphic computing, and space computing; strengthening compatibility and adaptation among edge-side large models, computing chips, memory chips, and operating systems; and accelerating the deep integration of intelligent agents with terminal products.
Reuters: China and the United States are preparing for AI safety talks in mid-September.
Two sources told Reuters that the United States and China are preparing to hold a dialogue in mid-September to discuss the security risks of artificial intelligence (AI). As cutting-edge AI capabilities advance rapidly and reach a critical global inflection point, the significance of this dialogue is steadily growing.
Express News | National Bureau of Statistics: In August, total retail sales of consumer goods reached 3.9824 trillion yuan, up 0.4% year on year.
According to data released by the National Bureau of Statistics, from January to August, total retail sales of consumer goods reached 32.7569 trillion yuan, up 1.1% year on year. Excluding automobiles, retail sales of consumer goods totaled 30.1764 trillion yuan, an increase of 2.7%. In August, total retail sales of consumer goods amounted to 3.9824 trillion yuan, up 0.4% year on year; excluding automobiles, such sales stood at 3.6545 trillion yuan, up 2.5%. By consumption type, from January to August, retail sales of goods reached 29.0203 trillion yuan, up 1.0% year on year, while catering revenue totaled 3.7366 trillion yuan, up 2.4%. In August, retail sales of goods were 3.5280 trillion yuan, up 0.3% year on year, and catering revenue was 454.4 billion yuan, up 1.1%.
Express News | National Bureau of Statistics: In August, the value added of industrial enterprises above designated size increased by 5.2% year on year in real terms.
According to data from the National Bureau of Statistics, in August, the value added of industrial enterprises above designated size increased by 5.2% year on year in real terms, with the growth rate accelerating by 0.7 percentage points compared with the previous month. On a month-on-month basis, the value added of these enterprises rose by 0.54% in August. From January to August, the value added of industrial enterprises above designated size grew by 5.3% year on year.
Futu Morning Brief | Trump Slams AI Panic; Jensen Huang Says AI Innovation and Safety Are Not Mutually Exclusive; U.S. Stocks Under Pressure as JPMorgan Turns Bullish: Corporate Earnings Can Still Support the Market; Apple Releases iOS 27, New Siri AI Enters Public Beta
The 10-year U.S. Treasury yield has broken through 5%, with Goldman Sachs and TD Securities raising their year-end forecasts; Trump said he is willing to negotiate with Iran, while a senior Iranian official stated: "We will never negotiate unless our conditions are met."
Hang Seng Indexes Company: The market capitalization of AI-related stocks in the Hong Kong market accounts for only 7%. Thematic indices can be used to capture technology opportunities.
In the Taiwan market, information technology accounts for 78% of the weighting; in South Korea, it stands at 58%; in mainland China and Japan, the figures are 26% and 25%, respectively; while Hong
Hong Kong Market Brief | The Hang Seng Index rose 0.45%, while the Tech Index closed nearly flat; biotech and auto stocks rallied across the board, with CanSino Biologics up nearly 6% and Leapmotor surging more than 4%.
Tech stocks broadly declined, with Xiaomi Group-W up 3.03% and Kuaishou-W down 2.18%; biotech stocks delivered strong performance, with Noah Health rising 14.55% and InnoCare Bio-B gaining 10.20%; pharmaceutical stocks saw across-the-board gains, with Hansoh Pharmaceutical up 5.13% and Sansheng Biopharma advancing 5.05%.
Hong Kong Stock Market Midday Review | All three major indices rose, with the Hang Seng Index up 0.35%; biotech stocks delivered strong performance, with Noah Health surging nearly 11% and Cansino Biologics gaining nearly 5%; Lenovo Group advanced nearly 5%, while Xiaomi climbed nearly 3%.
Tech stocks were mixed, with Xiaomi Group-W up 2.88% and SenseTime-W down 2.67%; biotech shares advanced, with Noah Health up 10.64% and InnoCare Bio-B up 6.22%; pharmaceutical stocks also strengthened, with Sansheng Pharmaceutical up 4.99% and Hutchison China MediTech up 4.01%;
Express News | Cailianshe Midday News Highlights, September 14
1. At the midday close, the Shanghai Composite Index rose 0.16%, the Shenzhen Component Index fell 0.25%, and the ChiNext Index dropped 0.47%. 2. In Hong Kong stocks, at the midday close, the Hang Seng Index gained 0.35%, and the Hang Seng Tech Index rose 0.17%. 3. The State Council Information Office will hold a press conference on September 15 to brief on the operation of the national economy in August 2026. 4. The main crude oil futures contract on the Shanghai Futures Exchange surged more than 11% during the day, surpassing 900 yuan per barrel for the first time since its listing. 5. JPMorgan forecasts that the Federal Reserve will raise interest rates by 25 basis points in both September and December 2026, revising its previous prediction of a single rate hike in December 2026.
Futu Morning Brief | The AI "Big Three" support slowing down research, while Trump emphasizes maintaining U.S. leadership in AI; the Federal Reserve will announce its interest-rate decision this week, and Hassett says there is no reason to raise rates; Tesla will unveil a next-generation supercar, and Zhipu has announced financing arrangements totaling approximately $5 billion.
Altman said OpenAI will not go public this year, emphasizing that AI safety issues must be addressed first; Anthropic has chosen the Nasdaq as the venue for its IPO.