{"id":42674,"date":"2024-12-30T10:28:08","date_gmt":"2024-12-30T04:58:08","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42674"},"modified":"2024-12-30T10:28:08","modified_gmt":"2024-12-30T04:58:08","slug":"stock-market-news-semiconductor-manufacturing-intl-co-surges-by-6-04-as-smoore-intl-holdings-leads-with-16-16-gain","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/stock-market-news-semiconductor-manufacturing-intl-co-surges-by-6-04-as-smoore-intl-holdings-leads-with-16-16-gain\/42674\/","title":{"rendered":"Stock market news : Semiconductor Manufacturing Intl Co surges by 6.04% as Smoore Intl Holdings leads with 16.16% gain"},"content":{"rendered":"<p>The Hong Kong stock market experienced a day of mixed movements, with some stocks achieving significant gains while others faced slight declines. <strong>Semiconductor Manufacturing International Co (981)<\/strong> witnessed a robust 6.04% rise, closing at <strong>HKD 32.50<\/strong>, fueled by strong investor confidence in the semiconductor sector.<\/p>\n<p>In a remarkable performance, <strong>Smoore International Holdings Ltd (6969)<\/strong> saw its stock soar by <strong>16.16%<\/strong> to reach <strong>HKD 13.08<\/strong>, becoming the standout performer of the day. Analysts attribute this surge to the company\u2019s promising outlook in the vaping industry.<\/p>\n<p>Meanwhile, <strong>Xiaomi Corporation (1810)<\/strong> reported a modest increase of <strong>1.02%<\/strong>, ending at <strong>HKD 34.50<\/strong>, reflecting steady investor sentiment around its expanding market share in smart technology.<\/p>\n<p>Conversely, <strong>Tencent Holdings Limited (700)<\/strong> and <strong>Meituan (3690)<\/strong> faced declines of <strong>0.05%<\/strong> and <strong>1.55%<\/strong>, respectively, closing at <strong>HKD 417.20<\/strong> and <strong>HKD 152.30<\/strong>. Despite these minor losses, both remain pivotal players in the tech and e-commerce sectors.<\/p>\n<p><strong>Weimob Inc (2013)<\/strong> showed resilience, climbing by <strong>1.19%<\/strong> to <strong>HKD 3.39<\/strong>, signaling sustained interest in the digital marketing and SaaS industries.<\/p>\n<p><strong>Disclaimer:<\/strong><br \/>\nStock performance data is for informational purposes only and does not constitute financial advice. Always consult a financial advisor for investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong stock market experienced a day of mixed movements, with some stocks achieving significant gains while others faced\u2026<\/p>\n","protected":false},"author":386,"featured_media":39664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-42674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=42674"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42674\/revisions"}],"predecessor-version":[{"id":42678,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42674\/revisions\/42678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39664"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}