Stock Market news : Yidu Tech Inc Soars 9.20% Amid Mixed Performances in High-Volume Stocks

Yidu Tech Inc surged by 9.20% to 5.34 HKD, while Xiaomi Corporation fell sharply by 4.23%. Tencent Holdings and Meituan also showed divergent trends in high-volume trading.

High-volume stocks in Hong Kong exhibited mixed performances as investors shifted focus across sectors. Yidu Tech Inc recorded the day’s highest gain, climbing 9.20% to close at 5.34 HKD, reflecting strong investor interest.

Tech giant Tencent Holdings Limited fell by 0.30%, ending at 394.0 HKD, despite being among the highest-traded stocks. Meanwhile, Xiaomi Corporation saw a significant decline of 4.23%, closing at 27.20 HKD, as concerns over demand trends weighed on sentiment.

Meituan, a key player in the food delivery and e-commerce sector, gained 1.54% to finish at 164.5 HKD. Kuaishou Technology also rose modestly by 0.43%, ending the session at 46.55 HKD, signaling optimism around the short-video platform’s outlook.

In the semiconductor sector, Semiconductor Manufacturing International Co dipped 2.39% to 24.50 HKD, hinting at ongoing challenges in the chip-making industry.

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