Hong Kong Stock Market News: The Hang Seng Index fell 0.61%, down 161 points to 26,544; the Hang Seng Tech Index dropped 2.28%. Morning trading volume was HKD 91.7 billion.
The robotics sector rose against the trend. First Chain Holdings (00697) surged over 11%, with three invested robotics companies appearing on the 2026 Year of the Horse Spring Festival Gala; Stengtong Juchuang (02498) rose over 9% in early trading, driven by strong growth in robotics business and first quarterly profit in Q4; Hesai-W (02525) increased by 6.7%, with two humanoid robots featured on the Spring Festival Gala equipped with Hesai JT128 laser radar; Yuejiang (02432) rose 19%; UBTECH (09880) gained 6.9%.
Oil stocks led gains. Tensions in the Middle East may disrupt shipping through the Strait of Hormuz, pushing international oil prices to a six-month high. PetroChina (00857) up 4.58%; CNOOC (00883) up 3.34%; CNOOC Services (02883) up 3.92%.
COSCO Shipping Energy (01138) rose over 6% again amid ongoing Iran tensions, with recent freight rates remaining high.
Zhipu (02513) surged 19% again, as SothisAI under China Science and Technology Dawn connects to Zhipu GLM-5; MiniMax (00100) increased over 10%.
Aicheng Yuan Zhi (00600) rose over 19% in the morning, as the world’s largest provider of mid-to-high-end visual edge AI inference chips.
Newly listed Haizhi Technology (02706) surged over 19% to a new high, with leading market position in image model fusion technology.
Zhao Hao, one of the “Tsinghua Five Embodiments,” was appointed Chief Scientist. Zhiji Jia-W (02590) rose over 3% against the trend.
CSPC Pharmaceutical Group (02005) fell 5.96%, with expected 2025 profits declining approximately 45% to 60% year-on-year.
The Hang Seng Tech Index continued to weaken, with semiconductor stocks also declining. Huahong Semiconductor (01347) fell 3.8%, and SMIC (0981) dropped over 1.65%.
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Hong Kong Stock Market Midday Review | Hang Seng Index drops 0.61% in the morning, robotics sector defies the trend and rises
Hong Kong Stock Market News: The Hang Seng Index fell 0.61%, down 161 points to 26,544; the Hang Seng Tech Index dropped 2.28%. Morning trading volume was HKD 91.7 billion.
The robotics sector rose against the trend. First Chain Holdings (00697) surged over 11%, with three invested robotics companies appearing on the 2026 Year of the Horse Spring Festival Gala; Stengtong Juchuang (02498) rose over 9% in early trading, driven by strong growth in robotics business and first quarterly profit in Q4; Hesai-W (02525) increased by 6.7%, with two humanoid robots featured on the Spring Festival Gala equipped with Hesai JT128 laser radar; Yuejiang (02432) rose 19%; UBTECH (09880) gained 6.9%.
Oil stocks led gains. Tensions in the Middle East may disrupt shipping through the Strait of Hormuz, pushing international oil prices to a six-month high. PetroChina (00857) up 4.58%; CNOOC (00883) up 3.34%; CNOOC Services (02883) up 3.92%.
COSCO Shipping Energy (01138) rose over 6% again amid ongoing Iran tensions, with recent freight rates remaining high.
Zhipu (02513) surged 19% again, as SothisAI under China Science and Technology Dawn connects to Zhipu GLM-5; MiniMax (00100) increased over 10%.
Aicheng Yuan Zhi (00600) rose over 19% in the morning, as the world’s largest provider of mid-to-high-end visual edge AI inference chips.
Newly listed Haizhi Technology (02706) surged over 19% to a new high, with leading market position in image model fusion technology.
Zhao Hao, one of the “Tsinghua Five Embodiments,” was appointed Chief Scientist. Zhiji Jia-W (02590) rose over 3% against the trend.
CSPC Pharmaceutical Group (02005) fell 5.96%, with expected 2025 profits declining approximately 45% to 60% year-on-year.
The Hang Seng Tech Index continued to weaken, with semiconductor stocks also declining. Huahong Semiconductor (01347) fell 3.8%, and SMIC (0981) dropped over 1.65%.