Stock market news : UBTECH Robotics Leads Gains with 10.71% Surge

UBTECH Robotics Corp Ltd (9880) sees a sharp increase, while New Gonow Recreational Vehicles Inc (805) tops volatility list with a 53.54% rise.

In the Hong Kong stock market, tech-driven stocks showcased a mixed response on Tuesday. UBTECH Robotics Corp Ltd (9880) made a significant impact, surging by 10.71% to reach HKD 52.70. The growth reflects a positive sentiment in the robotics sector.

Tencent Holdings Limited (700), a consistent high-volume performer, rose 1.60% to HKD 381.0, while Semiconductor Manufacturing International Corporation (981) witnessed an increase of 4.56%, ending at HKD 36.70. Meituan (3690) and Xiaomi Corporation (1810), however, recorded slight declines, dipping 0.07% and 0.59% respectively.

On the volatility front, New Gonow Recreational Vehicles Inc (805) emerged as the standout stock, soaring 53.54% to HKD 1.52. Super Strong Holdings Ltd (8262) and Goldway Education Group Ltd (8160) also recorded robust gains, with increases of 38.89% and 31.46% respectively.

The financial leasing sector saw significant activity as China Ever Grand Financial Leasing Group Co (379) climbed by 42.86%, closing at HKD 0.100. Mindtell Technology Ltd (8611) observed a smaller, steady rise of 5.77%, ending at HKD 0.220.

Disclaimer: This report is for informational purposes only. Please consult a financial expert for investment decisions.