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<H Shrs>HSI Climbs 33 Pts at Midday as VGT Debuts 50% Above Listing Price
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Hong Kong stocks ascended within a narrow range in the morning session. The HSI inched up 33 points or 0.1% to close at 26,394 at midday. The HSCEI added 7 points or 0.1% to close at 8,906 at midday. The HSTECH ebbed 37 points or 0.7% to close at 5,028 at midday. Total half-day turnover of the market was $108.789 billion. VGT (02476.HK), an AI and high-performance PCB manufacturer and a supplier to Nvidia (NVDA.US), debuted today, and closed at $315 at midday, 50.1% higher than its listing price of $209.88. For chip stocks, SMIC (00981.HK) ticked up 0.1%, while HUA HONG SEMI (01347.HK) slid 0.2%. GPIXEL (03277.HK) continued to rocket 21.9%, while BIREN TECH (06082.HK) and ILUVATAR COREX (09903.HK) descended 5.8% and 6.5%. AI stocks KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK) cascaded 3.9% and 2.4%, while MANYCORE TECH (00068.HK) rallied 9.4%. UNISOUND (09678.HK) eroded 6.2%. Other techs generally weakened, with TENCENT (00700.HK) and BABA-W (09988.HK) slipping 1% and 1.2%. MEITUAN-W (03690.HK), JD-SW (09618.HK), BIDU-SW (09888.HK) and NTES-S (09999.HK) each dropped less than 1%, while KUAISHOU-W (01024.HK) sagged 1.9%. Automakers BYD COMPANY (01211.HK) and XIAOMI-W (01810.HK) lost 1.1% and 0.4%, while CHERY AUTO (09973.HK) leaped 4%. 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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