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<H Shrs>HSI Ends Up 97 Pts as Chip/ AI/ Robotics Stocks In Demand; HUA HONG SEMI Up 5%
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The market kept tabs on the US-Europe dispute on Greenland, leading to an uptick in Hong Kong bourse after four consecutive declines. The HSI finished up 97 points or 0.4% at 26,585. The HSCEI added 28 points or 0.3% to close at 9,122. The HSTECH climbed 62 points or 1.1% to close at 5,746. The total market turnover for the day was HKD250.451 billion. The new DeepSeek model, MODEL1, was unveiled, shoring up AI and chip-related stocks broadly. SENSETIME-W (00020.HK) and MINIMAX-WP (00100.HK) leaped 4.2% and 3.8%, respectively. INSILICO (03696.HK) soared 7.4%. UNISOUND (09678.HK) slid 6.3%. SMIC (00981.HK), ASMPT (00522.HK), and HUA HONG SEMI (01347.HK) swelled 3.7-5.2%. NOVOSENSE (02676.HK) and ILUVATAR COREX (09903.HK) shot up 7.1% and 8%, respectively. INNOSCIENCE (02577.HK) shed 6.7%. Robotics concept stocks such as DOBOT (02432.HK) and UBTECH ROBOTICS (09880.HK) mushroomed 9.4% and 4%, respectively, whereas MINTH GROUP (00425.HK) ballooned 8.1%. BIDU-SW (09888.HK) announced the launch of a multi-AI group chat feature in its Ernie application, negating competition with WeChat, yet its stock price still mounted 3.3%. Among other techs, TENCENT (00700.HK) and JD-SW (09618.HK) inched up 0.3% and 0.4%, respectively. BABA-W (09988.HK) and KUAISHOU-W (01024.HK) spiked 2.2% and 3.6%. MEITUAN-W (03690.HK) dipped 0.1%. NTES-S (09999.HK) sagged 3.7%. ALI HEALTH (00241.HK) rallied 3%. Mobile component stocks such as COWELL (01415.HK) and Q TECH (01478.HK) soared over 5%, while BYD ELECTRONIC (00285.HK) and SUNNY OPTICAL (02382.HK) gained over 2%. LENOVO GROUP (00992.HK), a server supplier, dived 2.4%. Optical fiber and cable stock YOFC (06869.HK) plunged 3.6%, while telecom equipment stock ZTE (00763.HK) jumped up 3.9%. AASTOCKS Financial News Website: www.aastocks.com |
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