The Hang Seng Index fell by 0.29%, shedding 75 points to reach 26,318 points, while the Hang Seng Tech Index rose by 0.04%. Morning session turnover on the Hong Kong stock market stood at HK$157 billion. Driven by AI, storage demand continues to rise, with global storage giants hitting new highs, leading to strength in the semiconductor sector. HUA HONG SEMI (01347) and SMIC (00981) gained over 5%; Montage Technology (06809) surged more than 20%; GigaDevice (03986) rose over 12%. Tianyu Semiconductor (02658) climbed over 8% against the market trend, following a strategic partnership with South Korea's EYEQ Lab, focusing on the supply and application of silicon carbide epitaxial wafers. SICC (02631) jumped over 18% to a record high, with the company's gross margin improving sequentially and 8-inch SiC substrates expected to ramp up quickly. NOVOSENSE (02676) soared over 16%, with its share price reaching a new post-listing high as the analog chip industry enters an upward cycle. The uptrend in optical communication concept stocks continues. AI-driven demand is ushering in a new cycle for optical fibers, with the fiber optics industry poised for a double opportunity. FIT HON TENG (06088) rose 10%; WAI KEE HOLD (01729) gained 7%. Victory Giant Technology (02476) advanced over 11% to a new high, with the company stating that current order books are full and business progress is smooth. TSUGAMI (01651) increased over 6%, breaking through previous highs. The company forecasts an annual net profit growth of approximately 40%, benefiting from a surge in AI liquid cooling demand. QINIU (02567) surged 25%, following Qiniu Cloud's recent launch of an enterprise-level Token Plan featuring DeepSeek-V4. Construction machinery stocks performed strongly. Excavator sales, both domestic and international, maintained rapid growth in April, with recent price increases announced by major manufacturers. SANY HEAVY IND (06031) rose 7%; Zoomlion (01157) gained 6.9%. Mainland property stocks continued their upward movement. Guangzhou R&F Properties (02777) climbed over 8%, as implemented property policies are expected to sustain the "mini spring" warmth in the housing market. Nobi Inc. (02635) fell another 18%, with a cumulative decline of nearly 80% since its inclusion in the Stock Connect, amid its association with the Hengxin Oriental financial fraud incident.