The Hong Kong stock market witnessed a mixed trading session as investors responded to earnings reports and macroeconomic factors. Among the highest-volume stocks, Lenovo Group Limited (992.HK) surged by 3.42% to close at HKD 10.88, making it the top performer in terms of percentage gains. The company’s stock benefited from positive sentiment surrounding tech stocks and demand for hardware products.
Kuaishou Technology (1024.HK) followed closely with a 2.95% gain, closing at HKD 45.40, as investor confidence in the short-video platform continued to strengthen. However, other major players faced declines, reflecting broader market uncertainties. Tencent Holdings Limited (700.HK) dropped by 1.00% to HKD 416.6, while Xiaomi Corporation (1810.HK) slid by 1.26% to HKD 39.05 amid concerns over regulatory scrutiny and supply chain disruptions.
Semiconductor Manufacturing International Corporation (981.HK) also fell by 1.32% to HKD 44.85, reflecting the ongoing challenges faced by the chip industry, including geopolitical tensions and demand fluctuations. Meanwhile, Meituan (3690.HK) edged up by 0.60% to HKD 151.7, indicating cautious optimism among investors in the food delivery and e-commerce sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any investment decisions.