Hong Kong Stock Midday Review: The Hang Seng Index opened high and rose, closing up 1.93% as tech stocks strengthened collectively

USHK News
2026.07.16 04:06

According to Jinshi Data on July 16, the Hang Seng Index opened more than 100 points higher this morning and continued to strengthen, reaching a maximum increase of over 500 points, peaking at 25,188.7 points. The Hang Seng TECH Index rose more than 3% in the early session. As of the midday close, the Hang Seng Index rose by 1.93%, closing at 25,157.56 points, while the TECH Index rose by 3.08%, closing at 4,886.39 points, with a total market turnover of HKD 178.051 billion. On the market, most sectors were in the green, with technology stocks leading the gains, followed by automotive and gold stocks. The biopharmaceutical sector showed strong fluctuations, while the semiconductor sector performed weakly, with storage chips leading the declines. In terms of individual stocks, Xiaomi Group (01810.HK) rose by 6.26%, Alibaba (09988.HK) rose by 4.76%, XPeng (09868.HK) rose by 7.52%, JOINN (06127.HK) rose by 2.04%, GIGADEVICE (03986.HK) fell by 7.69%, and Montage Technology (06809.HK) fell by 17.15%

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