The Hong Kong stock market experienced a day of mixed movements, with some stocks achieving significant gains while others faced slight declines. Semiconductor Manufacturing International Co (981) witnessed a robust 6.04% rise, closing at HKD 32.50, fueled by strong investor confidence in the semiconductor sector.
In a remarkable performance, Smoore International Holdings Ltd (6969) saw its stock soar by 16.16% to reach HKD 13.08, becoming the standout performer of the day. Analysts attribute this surge to the company’s promising outlook in the vaping industry.
Meanwhile, Xiaomi Corporation (1810) reported a modest increase of 1.02%, ending at HKD 34.50, reflecting steady investor sentiment around its expanding market share in smart technology.
Conversely, Tencent Holdings Limited (700) and Meituan (3690) faced declines of 0.05% and 1.55%, respectively, closing at HKD 417.20 and HKD 152.30. Despite these minor losses, both remain pivotal players in the tech and e-commerce sectors.
Weimob Inc (2013) showed resilience, climbing by 1.19% to HKD 3.39, signaling sustained interest in the digital marketing and SaaS industries.
Disclaimer:
Stock performance data is for informational purposes only and does not constitute financial advice. Always consult a financial advisor for investment decisions.