Hong Kong stocks saw a day of intense activity as high-volume stocks like Tencent Holdings Limited (HKD 367.0, −3.32%) and Everest Medicines Ltd (HKD 42.90, −14.63%) reflected mixed market sentiments. Semiconductor Manufacturing International Corporation (HKD 29.90, −4.01%) also experienced a decline, contributing to a subdued outlook in the tech sector.
On the volatility front, Mindtell Technology Ltd surged by an impressive 149.09% to HKD 0.137, making it the most volatile stock of the day. Zhongshi Minan Holdings Ltd (HKD 0.055, +25.00%) and Optima Automobile Group Holdings Ltd (HKD 0.650, +35.42%) also saw sharp upward movements, buoying investor interest in the small-cap segment.
Meanwhile, Xiaomi Corporation (HKD 32.50, −4.83%) and Meituan (HKD 144.9, −2.56%) followed the broader trend of weakness in tech-related stocks. Weimob Inc (HKD 2.97) remained flat with no movement, reflecting a cautious stance by market participants.
The market exhibited mixed dynamics, with steep losses in some high-cap stocks contrasting sharply with sharp gains in smaller, volatile counters like Infinities Tech Intl (HKD 0.67, +34.00%).
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