B[Hong Kong’s Hang Seng Technology Index closed up 3.06%, with mainland property stocks leading the gains] On October 9, Hong Kong’s Hang Seng Technology Index closed up 1.79%, and the Hang Seng Technology Index rose 3.06%. Chinese real estate stocks led the gains, with Shimao Group rising by more than 41%, Sino-Ocean Group rising by more than 22%, and Agile Group rising by more than 15%; star technology and Internet stocks generally rose, with Xiaomi Group rising by more than 9%, Tencent Holdings and Meituan rising by more than 3%; the gold sector rose, Zijin Gold International rose by more than 7%, Zhaojin Mining, Chifeng Gold, and Shandong Gold all rose by more than 6%. Optical communications and PCB concept stocks fell, Guanghe Technology fell by more than 10%, Shenghong Technology fell by more than 6%, and Cambridge Technology fell by more than 5%. A[Hong Kong’s Hang Seng Technology Index closed down 2.89%, a new low since September 2024] On October 8, Hong Kong’s Hang Seng Technology Index closed down 1.43%; the Hang Seng Technology Index fell 2.89%, a new low since September 26, 2024. The "two heroes" of Hong Kong's large models led the decline, with MINIMAX-W falling by more than 13% and Zhipu falling by more than 7%. Semiconductor stocks fell collectively. Biren Technology fell by more than 11%, Huahong Grace fell by more than 9%, GigaDevice and Longsys fell by more than 7%, SMIC and Montage Technology fell by more than 6%, and Shanghai Fudan fell by more than 5%. Optical communications and PCB concept stocks generally fell. Haiguangxin fell by more than 13%, Guanghe Technology fell by more than 8%, YOFC Optical Fiber and Cable, Kingboard Laminated Board fell by more than 6%, and Shenghong Technology fell by 5%. B[Hang Seng Technology Index closed down 1.1% and the optical communications sector rebounded] On September 29, Hong Kong’s Hang Seng Index closed down 0.48% to 24523.57 points, and the Hang Seng Technology Index closed down 1.08% to 4249.62 points. The optical communications sector rebounded, with YOFC Optical Fiber and Cable rising by over 7%, Cambridge Technology rising by 5%, and Zhongji InnoLight rising by over 3%. Heavyweight technology stocks fell collectively, with Tencent and Meituan falling about 2%, and Alibaba falling more than 1%. Automobile stocks fell, with NIO down 5%, Xpeng Group down 4%, and WeRide down nearly 3%. B[Hong Kong’s Hang Seng Index closed down 0.29% and the Hang Seng Technology Index fell 0.41%] On September 24th, Hong Kong’s Hang Seng Index closed down 0.29% and the Hang Seng Technology Index fell 0.41%. Optical communications, chips, and PCB concept stocks fell. Guanghe Technology fell by more than 6%, GigaDevice fell by more than 5%, Cambridge Technology and YOFC Optical Fiber and Cable fell by more than 4%, Huahong Grace fell by more than 3%, and Shenghong Technology fell by more than 3%. China real estate stocks rose, with Evergrande Property rising by more than 7%, Shimao Group rising by more than 5%, and Agile Group rising by more than 3%. B[Hong Kong’s Hang Seng Index closed down 1.01% and the Hang Seng Technology Index fell 1.33%] On September 23, Hong Kong’s Hang Seng Index closed down 1.01% and the Hang Seng Technology Index fell 1.33%. Large model concept stocks fell, Zhipu fell by more than 12%, and MINIMAX-W fell by nearly 4%; large technology and Internet stocks generally fell, with Alibaba falling by more than 4%, Xiaomi Group falling by more than 3%, and Tencent Holdings falling by more than 2%. PCB concept stocks strengthened, with Kingboard Laminated Board rising by over 11%, Kingboard Group rising by over 5%, and Shenghong Technology rising by over 3%; Chinese real estate stocks rose, with Ronshine China rising by over 22%, and Vanke rising by 4%. B[Hong Kong’s Hang Seng Index closed up 0.18%, Tencent Holdings rose more than 5%] On September 22, Hong Kong’s Hang Seng Index closed up 0.18%, and the Hang Seng Technology Index rose 0.34%. Technology and Internet stocks strengthened, with Tencent Holdings rising by more than 5% and Tencent Music rising by more than 5%; storage and semiconductor sectors mostly rose, with Montage Technology rising by more than 8%, Tianshu Zhixin rising by more than 3%, and Aixin Yuanzhi rising by more than 2%. Large model concept stocks fell, with Zhipu falling by more than 6%, and MINIMAX-W falling by nearly 4%; PCB concept stocks had mixed trends, with Guanghe Technology rising by more than 6%, Kingboard Laminated Board falling by more than 5%, and Shenghong Technology falling by more than 3%. B[Hong Kong’s Hang Seng Index closed up 1.18% PCB concept stocks surged] On September 21, Hong Kong’s Hang Seng Index closed up 1.18%, and the Hang Seng Technology Index rose 0.4%. PCB concept stocks rose sharply, Guanghe Technology rose by more than 14%, and Shenghong Technology rose by nearly 13%; the biomedical sector led the gains, Yaojie Ankang rose by more than 10%, Junshi Biotech rose by more than 12%, Yinnuo Pharmaceutical rose by more than 7%, and Hengrui Pharmaceutical rose by more than 6%; Chinese real estate stocks strengthened, Sunac China rose by more than 12%, and Vanke rose by more than 5%. Gold stocks generally fell, with China Gold International falling by more than 6%, Lingbao Gold falling by 5%, and Laopu Gold falling by more than 3%. B[Hong Kong’s Hang Seng Index closed up 0.19%, the semiconductor and optical communications sectors strengthened] On September 16th, Hong Kong’s Hang Seng Index closed up 0.19%, and the Hang Seng Technology Index rose 0.79%. The semiconductor and optical communications sectors strengthened. Cambridge Technology rose by more than 10%, Shanghai Fudan rose by more than 8%, Huahong Grace rose by more than 5%, and Zhongji InnoLight rose by more than 4%. Gold stocks generally rose, with Lingbao Gold rising by more than 8%, Chifeng Gold rising by more than 7%, and Shandong Gold rising by more than 5%. The pharmaceutical sector fell, with CStone Pharmaceuticals falling more than 12% and Ascletis Pharmaceuticals falling more than 7%. B[Hong Kong’s Hang Seng Index closed up 0.45%, optical communications and semiconductor sectors fell] On September 14th, Hong Kong’s Hang Seng Index closed up 0.45%, and the Hang Seng Technology Index fell 0.06%. Automobile stocks generally rose, with Guangzhou Automobile Group rising by more than 8%, Leapmotor rising by more than 4%, Chery Automobile rising by more than 3%, and Geely Auto rising by nearly 3%. The biopharmaceutical sector rose, with Lepu Biologics rising by more than 6%, WuXi AppTec rising by nearly 5%, and WuXi Biologics rising by more than 4%. Large model concept stocks fell, Zhipu fell by more than 9%, MINIMAX-W fell by more than 6%; optical communications and semiconductor sectors fell, Zhongji InnoLight fell by more than 8%, Cambridge Technology fell by more than 8%, GigaDevice fell by nearly 7%, and Huahong Grace fell by more than 4%.
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