The Hong Kong stock market's Hang Seng Index showed no change during the morning session, holding at 25,316 points, while the Hang Seng Tech Index slipped 0.58%. Total turnover in the Hong Kong market reached HK$107.3 billion.
Overnight, US-listed optical communication stocks surged on the back of major commercial collaborations. Qualcomm announced a multi-generational custom AI chip partnership with Amazon, a deal that deeply encompasses high-speed optical interconnect technology used to link computing components. Orders for these chips could reach as high as US$60 billion over the next decade. Meanwhile, Corning Inc. revealed a multi-year supply agreement worth several billion US dollars with US telecom giant Verizon, extending through 2032.
Shares of Lightelligence-P (01879) jumped 20%, HaiGuang XinZheng (01191) climbed 10.5%, Yangtze Optical Fibre and Cable (06869) advanced 7.59%, and Junzhi Group (01300) rose 7%.
Weichai Power (02338) extended its rally, adding more than 6% to lead the blue-chip index. The company has become a Hang Seng Index constituent and saw first-half sales of data center diesel generators surpass its full-year total for last year.
Freight rates across the two major shipping sub-sectors — oil tankers and dry bulk — moved higher. COSCO Shipping Energy (01138) gained more than 5%, while Pacific Basin Shipping (02343) rose over 3%.
Yunyinggu Technology (03310) advanced more than 6% after being officially included in the Stock Connect program. The company has achieved volume shipments of high-end AMOLED display driver chips.
Public Financial Holdings (00626) surged over 41% upon resumption of trading after its major shareholder, Public Bank, proposed a privatization offer at a premium of approximately 61.29%.
"The first AI-consciousness robotics stock," Youdi Robot (03231), made its market debut and skyrocketed 159% in the morning session.
Jiaxin International Resources (03858) rose more than 6% as Zimbabwe's escalating mining ban continues to tighten tungsten supply constraints.
Jinhai Medical Technology (02225) gained another 14% in morning trading, bringing its cumulative advance to nearly 60% since being included in the Stock Connect program. The company's minimally invasive medical business surged more than threefold year-over-year in the first half.
Haidilao (06862) fell 9.49% in the morning, with 259 million shares changing hands before the market opened, fueling speculation of a possible share sale by a major shareholder.