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<H Shrs>HSI Ends Up 62 pts; Chips Leap; SMIC Jumps Up 10%
Recommend 126 Positive 219 Negative 140 |
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Hong Kong bourse escalated on semiconductor shares. The HSI opened down 181 pts, and once plunged 275 pts to bottom at 25,639, before rebounding to peak at 26,004, up 89 pts in the afternoon. The index closed at 25,978, up 62 pts or 0.2%. The HSCEI closed at 8,775, up 42 pts or 0.5%. The HSTECH closed at 4,902, up 36 pts or 0.8%. Total market turnover for the day amounted to HKD236.723 billion. Following the release of the V4 preview version by DeepSeek, chip stocks swelled. SMIC (00981.HK) and HUA HONG SEMI (01347.HK) rallied 10% and 15.2%, respectively, while ILUVATAR COREX (09903.HK) and NOVOSENSE (02676.HK) shot up 9.5% and 9%. BIREN TECH (06082.HK) and GPIXEL (03277.HK) mounted 4% and 4.9%. Server maker LENOVO GROUP (00992.HK) advanced 3.1%. Chip equipment stock ASMPT (00522.HK) surged 6.9% in line with gains in overseas chipmakers. Cloud service provider KINGSOFT CLOUD (03896.HK) slid 4.6%, while GDS-SW (09698.HK) soared 3.2%. AI-related stocks KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK) plummeted 9% and 9.4%, respectively. MANYCORE TECH (00068.HK) shrank 6.3%. TENCENT (00700.HK) launched and open-sourced its Hunyuan Hy3 preview version, with shares slipping 0.4% to HKD493.4. XIAOMI-W (01810.HK) also released and open-sourced two MiMo-V2.5 large language models, closing up 0.1%. Among other tech names, BABA-W (09988.HK) and BIDU-SW (09888.HK) hiked 1.1% and 0.7%, respectively. MEITUAN-W (03690.HK), KUAISHOU-W (01024.HK) and NTES-S (09999.HK) dipped 0.8-1%. BILIBILI-W (09626.HK) dropped 1.8%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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