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<H Shrs>HSI Drops 39 Pts at Midday; ANTA SPORTS Slips 5%+; SMIC, HUA HONG SEMI Swell
Recommend 4 Positive 1 Negative 7 |
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The HSI settled the midday down 39 points or 0.2% at 26,447. The HSCEI fell 24 points or 0.3% to 9,070. The HSTECH rose 8 points or 0.15% to 5,691 points. The total half-day turnover for the market amounted to HKD127.653 billion. AI-related stocks delivered varying performance after DeepSeek's new model MODEL1 came to light. GDS-SW (09698.HK) and UNISOUND (09678.HK) shed 3.2% and 5.2%. INSILICO (03696.HK) and MINIMAX-WP (00100.HK) surged 5.5% and 6.6%. Among chip-related stocks, SMIC (00981.HK), ASMPT (00522.HK), and ILUVATAR COREX (09903.HK) rose 3-4%. HUA HONG SEMI (01347.HK) rallied 4.7%. INNOSCIENCE (02577.HK) and BIREN TECH (06082.HK) ebbed 5.6% and 3.6%. BIDU-SW (09888.HK) jumped 3.3%. Its target price was raised by Morgan Stanley and Citi, and the market is focusing on Kunlunxin's listing progress. LENOVO GROUP (00992.HK), a server supplier, eroded 3.3%. Telecom equipment stock ZTE (00763.HK) leaped 3.3%. Among other tech stocks, TENCENT (00700.HK) edged down 0.2% to HKD600. JD-SW (09618.HK) and KUAISHOU-W (01024.HK) added 0.3% and 0.7%. BABA-W (09988.HK) gained 1.1%. MEITUAN-W (03690.HK) dipped 0.8%. NTES-S (09999.HK) waned 3.4%. Additionally, ALI HEALTH (00241.HK) ticked up 2.9%. EAST BUY (01797.HK) slid 2.1%. Handset component stocks COWELL (01415.HK) and Q TECH (01478.HK) shot up 3.5% and 4.4%. AAC TECH (02018.HK) tumbled 4.8%. ANTA SPORTS (02020.HK) plunged 5.8% to HKD77.8, with a turnover of HKD1.685 billion. Its peer LI NING (02331.HK) also plummeted 4%. Textile stock SHENZHOU INTL (02313.HK) went down 3.6%. AAStocks Financial News |
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