The Hong Kong stock market saw a day of mixed performance as tech and semiconductor giants exhibited contrasting results. Xiaomi Corporation (1810) emerged as a key player, witnessing a 5.34% increase to close at HKD 34.50. The stock maintained high trading volumes, reflecting investor optimism.
Semiconductor Manufacturing Intl Co (981) surged 7.55%, closing at HKD 31.35. The growth underlines the increasing demand for semiconductors globally and the sector’s resilience amidst economic uncertainties.
However, Tencent Holdings Limited (700), a heavyweight in the technology space, showed a marginal dip of 0.33%, closing at HKD 418.6. The modest decline indicates cautious investor sentiment towards the tech giant.
Weimob Inc (2013) and Meituan (3690) posted mixed results. Weimob Inc declined 2.46%, closing at HKD 3.17, while Meituan managed a modest 0.64% gain, ending at HKD 156.1.
Li Auto Inc (2015) recorded a significant rise, with its shares closing at HKD 101.60, up 7.40%. The electric vehicle manufacturer’s robust performance highlights growing investor confidence in sustainable automotive technologies.
Disclaimer:
This article is for informational purposes only. Market performance is subject to change, and readers should conduct their own research or consult professionals before making any investment decisions.