Semiconductor Manufacturing rises 5.60% while Sunac China Holdings falls by 5.50% among Hong Kong’s highest volume stocks

Semiconductor Manufacturing Int’l saw a 5.60% increase, leading gains among Hong Kong’s high-volume stocks, while Sunac China Holdings declined 5.50%, reflecting mixed market trends today.

Semiconductor Manufacturing shines among tech stocks

As of 1:24 PM HKT, Among Hong Kong’s highest-volume stocks, Semiconductor Manufacturing International Corporation (981.HK) led with a 5.60% rise, closing at 30.15 HKD. This gain highlights positive investor sentiment around the semiconductor industry, which continues to drive market interest due to global demand for advanced technology. Xiaomi Corporation (1810.HK) also showed a strong performance, gaining 4.42% to close at 29.55 HKD, reflecting a healthy demand within the tech sector as well.

Declines for Meituan, Tencent, and Sunac China Holdings

On the downside, major players saw declines, with Meituan (3690.HK) dropping by 4.74% to 182.7 HKD and Tencent Holdings Limited (700.HK) falling 2.33% to close at 411.0 HKD. Sunac China Holdings (1918.HK) experienced the largest dip of the day among high-volume stocks, decreasing by 5.50% to close at 3.09 HKD, hinting at pressures in the real estate sector. Hong Kong Exchanges & Clearing (388.HK) also saw a decline of 4.77%, closing at 323.2 HKD, which may suggest caution in the financial sector.

Disclaimer: Stock information presented is for informational purposes only and does not constitute financial advice.