{"id":44219,"date":"2025-02-24T09:37:30","date_gmt":"2025-02-24T04:07:30","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=44219"},"modified":"2025-02-24T09:37:30","modified_gmt":"2025-02-24T04:07:30","slug":"stock-market-news-tencent-and-semiconductor-manufacturing-lead-trading-activity","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/stock-market-news-tencent-and-semiconductor-manufacturing-lead-trading-activity\/44219\/","title":{"rendered":"Stock market news : Tencent and Semiconductor Manufacturing Lead Trading Activity"},"content":{"rendered":"<p data-start=\"2300\" data-end=\"2805\">Today\u2019s most actively traded stocks in Hong Kong included major <strong data-start=\"2364\" data-end=\"2406\">technology and semiconductor companies<\/strong>. <strong data-start=\"2408\" data-end=\"2442\">Tencent Holdings Limited (700)<\/strong> was the most traded stock, despite dropping <strong data-start=\"2487\" data-end=\"2497\">-2.80%<\/strong> to <strong data-start=\"2501\" data-end=\"2514\">502.5 HKD<\/strong>, as investors responded to <strong data-start=\"2542\" data-end=\"2565\">regulatory concerns<\/strong> in China\u2019s digital economy. <strong data-start=\"2594\" data-end=\"2657\">Semiconductor Manufacturing International Corporation (981)<\/strong> gained <strong data-start=\"2665\" data-end=\"2675\">+0.74%<\/strong> to <strong data-start=\"2679\" data-end=\"2692\">54.60 HKD<\/strong>, reflecting <strong data-start=\"2705\" data-end=\"2733\">strong investor interest<\/strong> in China\u2019s semiconductor sector amid global supply chain disruptions.<\/p>\n<p data-start=\"2807\" data-end=\"3184\"><strong data-start=\"2807\" data-end=\"2836\">Xiaomi Corporation (1810)<\/strong>, a leading consumer electronics giant, saw <strong data-start=\"2880\" data-end=\"2899\">a trading surge<\/strong>, closing at <strong data-start=\"2912\" data-end=\"2925\">51.20 HKD<\/strong> with a <strong data-start=\"2933\" data-end=\"2951\">-0.97% decline<\/strong>, as <strong data-start=\"2956\" data-end=\"2986\">smartphone demand concerns<\/strong> weighed on its performance. <strong data-start=\"3015\" data-end=\"3033\">Meituan (3690)<\/strong>, a major e-commerce and food delivery company, recorded a gain of <strong data-start=\"3100\" data-end=\"3110\">+1.29%<\/strong> to <strong data-start=\"3114\" data-end=\"3127\">165.0 HKD<\/strong>, showing <strong data-start=\"3137\" data-end=\"3181\">resilience in the online services sector<\/strong>.<\/p>\n<p data-start=\"3186\" data-end=\"3656\"><strong data-start=\"3186\" data-end=\"3216\">Kuaishou Technology (1024)<\/strong>, a <strong data-start=\"3220\" data-end=\"3262\">video-sharing and social media company<\/strong>, suffered a steep loss of <strong data-start=\"3289\" data-end=\"3299\">-5.74%<\/strong> to <strong data-start=\"3303\" data-end=\"3316\">55.05 HKD<\/strong>, as investors worried about its <strong data-start=\"3349\" data-end=\"3372\">advertising revenue<\/strong> and competition with <strong data-start=\"3394\" data-end=\"3416\">TikTok\u2019s dominance<\/strong> in the market. <strong data-start=\"3432\" data-end=\"3457\">Wuxi Biologics (2269)<\/strong>, a <strong data-start=\"3461\" data-end=\"3499\">biotech and pharmaceutical company<\/strong>, plunged <strong data-start=\"3509\" data-end=\"3519\">-9.04%<\/strong> to <strong data-start=\"3523\" data-end=\"3536\">23.65 HKD<\/strong>, marking one of the worst performances among high-volume stocks, as <strong data-start=\"3605\" data-end=\"3653\">global biotech stocks faced selling pressure<\/strong>.<\/p>\n<p data-start=\"4004\" data-end=\"4133\"><strong data-start=\"4004\" data-end=\"4019\">Disclaimer:<\/strong> The stock market carries risks. This report is for informational purposes and does not offer investment advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s most actively traded stocks in Hong Kong included major technology and semiconductor companies. Tencent Holdings Limited (700) was the\u2026<\/p>\n","protected":false},"author":386,"featured_media":9203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-44219","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\/44219","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=44219"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/44219\/revisions"}],"predecessor-version":[{"id":44225,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/44219\/revisions\/44225"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/9203"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=44219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=44219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=44219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}