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<H Shrs>HSI Closes Down 52 Pts, but SMIC/ HUA HONG SEMI Swell 6%; BYD COMPANY Leaps 4%+
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The HSI slid 52 points or 0.2% to close at 25,925. The HSCEI ebbed 19 points or 0.2% to close at 8,756. The HSTECH added 37 points or 0.8% to close at 4,939. Total market turnover for the day was $251.634 billion. The release of the DeepSeek V4 preview version fueled continued momentum in chip stocks. SMIC (00981.HK) and HUA HONG SEMI (01347.HK) swelled 6.1% and 6%, while BIDU-SW (09888.HK), which developed Kunlunxin, mounted 3.5%. INNOSCIENCE (02577.HK) advanced 5.1%, while MONTAGE TECH (06809.HK) spiked 13.8%. GPIXEL (03277.HK) and ILUVATAR COREX (09903.HK) descended 4.5% and 9.4%. For AI stocks, MANYCORE TECH (00068.HK) plunged 13.8%, while KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK) cascaded 2.2% and 3.5%. INSILICO (03696.HK) eroded 6.9%. BYD COMPANY (01211.HK), an automaker set to announce its quarterly results tomorrow (28th), leaped 4.7% to $106. LEAPMOTOR (09863.HK) announced the pricing of its new Lafa5 Ultra model and integrated multiple large models, boosting its share price by 2%. NIO-SW (09866.HK) jumped up 2%. BYD COMPANY, LEAPMOTOR and NIO-SW drew significant attention for their new vehicle displays at the 2026 Auto China. In addition, XIAOMI-W (01810.HK) faded 0.3%,while GWMOTOR (02333.HK) sagged 4.2% at close after it reported a 46% drop in its 1Q26 net profit. WERIDE-W (00800.HK) released a L2+ one-stage end-to-end intelligent driving solution, and its stock price escalated 7.8%. Auto LiDAR provider HESAI-W (02525.HK) rallied 9.7%. Auto-translated by AI AASTOCKS Financial News |
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