HK Close | HSTECH Rises 0.9%. Meituan Jumps over 6%; Xiaomi Gains 5%; Alibaba Advances 3%; Bilibili Sinks 5%; SMIC Drops 2%; Tencent Falls Slightly

Tiger Newspress
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I. Market Overview

Hong Kong stocks finished mixed on Oct 14. The Hang Seng Index (HSI) closed at 24,314.17, down 0.13%; the HSCEI ended at 8,183.17, up 0.10%; and the HSCCI closed at 4,064.05, down 0.22%. By contrast, the Hang Seng Tech Index rose 0.91% to 4,174.47, indicating better relative performance in technology shares than in the broader market. Turnover on the day totaled HKD 193.48 billion, showing active trading interest across the market.

Overall, the close showed a split picture between the broad market and the tech segment. The strongest large-cap movers included MEITUAN-W, XIAOMI-W, and BABA-W, while weakness appeared in selected biotechnology and semiconductor-related names. Market coverage centered on intraday strength in Hong Kong tech, as well as sharp stock-specific moves in both gainers and losers.

II. Sector Performance

Large-cap Tech Stocks

The Hang Seng Tech Index closed higher by 0.91%. Within the tracked large-cap tech list, MEITUAN-W rose 6.64% to HKD 77.10, XIAOMI-W gained 5.35% to HKD 26.38, BABA-W advanced 3.08% to HKD 110.50, while BILIBILI-W fell 4.92% to HKD 114.10 and SMIC dropped 2.25% to HKD 54.30.

Top Performing Sectors

  • General Merchandise Stores: up 5.83%.

  • Specialized Consumer Services: up 4.48%.

  • Publishing: up 3.64%.

Bottom Performing Sectors

  • Electronic Equipment & Instruments: down 5.80%.

  • Advertising: down 5.58%.

  • Oil & Gas Refining & Marketing: down 5.33%.

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

LIULIUMEI

06658

155.10

21.84%

PATEO

02889

62.05

14.48%

SHEIN-W

00625

37.92

10.30%

ILUVATAR COREX

09903

92.40

8.83%

FAMEGLOW

03774

29.40

7.77%

HAIXI PHARMA

02637

165.10

7.28%

MOMENTA-W

06880

163.00

7.17%

MEITUAN-W

03690

77.10

6.64%

ESWIN COMPUTING

01256

1.43

6.32%

MEITUAN-WR

83690

65.40

6.08%

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

GON TECHNOLOGY

02768

26.84

-28.46%

HQVT

01392

20.14

-19.57%

HAIZHI TECH GP

02706

29.04

-9.65%

AKESO

09926

94.90

-9.62%

REALORD TEC-NEW

01196

3.29

-9.50%

DAJIN

01081

24.08

-9.41%

DEEPZERO

02723

512.50

-9.29%

WUXI LEAD

00470

21.80

-8.63%

CREALITY

03388

24.40

-8.41%

ZAI LAB

09688

17.48

-7.95%

V. Closing Summary

The day’s close was mixed across the main Hong Kong benchmarks. The HSI finished slightly lower at 24,314.17, while the HSCEI edged higher and the HSCCI slipped modestly. The Hang Seng Tech Index rose 0.91%, so the technology segment outperformed the broader market at the close. Turnover reached HKD 193.48 billion, indicating steady participation.

Among large-cap tech names, the strongest performances were led by MEITUAN-W at 6.64%, XIAOMI-W at 5.35%, and BABA-W at 3.08%. Other tracked names were mixed, with JD HEALTH, JD-SW, NIO-SW, and XPENG-W also posting gains, while BILIBILI-W, SMIC, LENOVO GROUP, and Z.AI closed lower. This left the technology group with a firmer tone than the wider market.

Outside the tech leaders, the largest individual gainers included LIULIUMEI, PATEO, and SHEIN-W, while the sharpest decliners were GON TECHNOLOGY, HQVT, and HAIZHI TECH GP. The reported intraday media focus highlighted LIULIUMEI and Hong Kong tech names such as XIAOMI-W, MEITUAN-W, NIO-SW, BABA-W, and KUAISHOU-W, matching the closing strength seen in parts of the tech complex.

Sector-wise, the strongest groups were General Merchandise Stores, Specialized Consumer Services, and Publishing. The weakest groups were Electronic Equipment & Instruments, Advertising, and Oil & Gas Refining & Marketing. Media reports also pointed to broad weakness in Hong Kong biotech and pharmaceutical names, including AKESO and ZAI LAB, which were among the day’s notable losers.

Sources: Public market data, summarized media reports

Disclaimer: This content is for reference only and does not constitute investment advice.

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