Hong Kong’s stock market witnessed a mixed response today, with tech and financial stocks showing varied movements. Xiaomi Corporation (1810.HK) emerged as the top gainer, rising 5.27% to close at HKD 39.95. The surge came amid strong investor interest and an overall positive sentiment in the tech sector.
Other major players also experienced gains, albeit at a slower pace. Tencent Holdings Limited (700.HK) edged up 1.19% to reach HKD 409.0, reflecting stable performance despite market fluctuations. Meanwhile, Meituan (3690.HK) rose by 2.32% to HKD 145.6, indicating steady demand for the e-commerce and food delivery giant’s shares.
In the semiconductor space, Semiconductor Manufacturing International Corporation (SMIC) (981.HK) surged by 5.25% to HKD 44.10, closely trailing Xiaomi’s impressive rise. This movement highlights renewed optimism in the sector, possibly driven by global chip demand and supply chain developments.
On the financial front, AIA Group Limited (1299.HK) posted a modest 0.65% increase to HKD 53.80, reflecting stable investor confidence in the insurance sector. Additionally, Hong Kong Exchanges & Clearing (388.HK) rose 0.73% to HKD 303.8, benefiting from sustained trading activity.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making investment decisions.