In today’s high-volume trading session on the Hong Kong Stock Exchange, tech and semiconductor firms were in focus, with Kuaishou Technology leading the surge. The short-video platform company saw an impressive 10.17% increase, trading at 53.10 HKD, marking it as the most active mover in the high-volume sector. Other significant performers included Xiaomi Corporation and Meituan, which climbed 2.93% and 2.88%, respectively.
Tech and Semiconductor Stocks Rally
Semiconductor Manufacturing International Corporation (SMIC) saw robust trading as it posted a 6.77% gain, closing at 27.60 HKD. SMIC’s performance reflects the increasing interest in semiconductor stocks as demand for chips remains strong across various sectors. Additionally, Tencent Holdings Limited, one of Hong Kong’s most influential tech firms, registered a 1.67% rise, closing at 426.0 HKD.
Hong Kong Exchanges & Clearing Rises
Hong Kong Exchanges & Clearing, a barometer of Hong Kong’s financial sector health, surged 4.76%, reaching 329.8 HKD. This rally underscores growing confidence in Hong Kong’s exchange ecosystem, despite broader market volatility.
Disclaimer: Stock information is for reference only and not investment advice.