Market Overview
The Hang Seng Index (HSI) opened sharply higher, jumping 1.66% to 24,316.94 and trading comfortably above the key 24,000 level. The Hang Seng China Enterprises Index (HSCEI) climbed 1.45% to 8,174.38, while the Hang Seng Tech Index (HSTECH) firmed 1.43% to 3,992.39. Early flow shows broad-based buying interest, with cyclical and growth names both participating in the morning rebound.
Gains were particularly pronounced in gold-related counters, technology heavyweights and select consumer plays, while semiconductor equipment names lagged. The upbeat start follows a positive handover from regional markets and sets a constructive tone for the rest of the session.
Sector Performance
Large Technology Names
Xiaomi rises 4.31%, Meituan rises 3.06%, Tencent rises 3.04%, NetEase rises 3.01%, JD Health rises 2.75%, Baidu rises 1.89%, Kuaishou rises 1.79%, JD.com rises 1.41%, SMIC falls 2.97%, Lenovo falls 4.99%
HK Top Gainers 10
Stock | Code | Price (HK$) | Gain |
MOBVISTA | 01860 | 10.69 | +12.29% |
TECHTRONIC IND | 00669 | 151.80 | +10.00% |
FAST RETAIL-DRS | 06288 | 40.74 | +8.76% |
ZIJIN GOLD INTL | 02259 | 143.00 | +7.04% |
LINGBAO GOLD | 03330 | 17.70 | +5.61% |
BIOCYTOGEN-B | 02315 | 44.46 | +5.61% |
CHINA EAST AIR | 00670 | 2.65 | +5.58% |
CHIFENG GOLD | 06693 | 33.20 | +5.40% |
TONGGUAN GOLD | 00340 | 2.69 | +5.28% |
DEEPZERO-NEW | 02723 | 47.08 | +4.62% |
Filter: Market cap above HK$10 billion
HK Top Losers 10
Stock | Code | Price (HK$) | Loss |
CSOP SK Hynix Daily Max (2x) Leveraged Product | 07709 | 18.53 | -15.00% |
CCTC | 06951 | 71.25 | -9.81% |
ZJ INNOLIGHT | 03308 | 617.00 | -7.50% |
KB LAMINATES | 01888 | 34.90 | -6.48% |
INGENIC | 03223 | 82.50 | -6.04% |
CIG | 06166 | 60.00 | -5.73% |
YOFC | 06869 | 103.80 | -5.46% |
HUA HONG GRACE | 01347 | 64.95 | -5.46% |
PETROCHINA | 00857 | 10.22 | -5.46% |
COSCO SHIP ENGY | 01138 | 16.63 | -5.24% |
Filter: Market cap above HK$10 billion
Opening Summary
The Hong Kong market kicked off Thursday on a firm footing, with the Hang Seng Index leaping 1.66% and moving decisively above the 24,000 threshold, while the HSCEI and HSTECH also posted solid early gains. Buying momentum was broad, signalling improved risk appetite after a cautious week.
Heavyweight tech counters provided key support: Tencent rose over 3% on opening bids, while Meituan, Xiaomi and NetEase all advanced around 3% or more. The broader tech complex was mostly in the green, though chipmakers SMIC and Hua Hong Grace slipped, tempering the sector’s overall advance.
On the individual stock front, app-marketing platform Mobvista surged more than 12% to top the gainers list. A cluster of gold names—Zijin Gold International, Lingbao Gold and others—also rallied strongly, reflecting brisk early demand for precious-metal plays. Conversely, a leveraged product tracking SK Hynix skidded 15%, while optical component maker ZJ Innolight and PCB supplier KB Laminates each dropped over 6%.
Theme-wise, the morning belonged to precious metals, with multiple gold miners featuring among the top performers. Airlines found buyers, led by China Eastern Airlines, whereas semiconductor equipment and materials names lagged following early profit-taking. No major new IPOs debuted at the open, leaving existing blue-chip and thematic trades to set the tone for the session.
Source: Public market data and media reports
Disclaimer: For reference only. Not investment advice.