HSI1 26,293.10 -252.00 123.41B
HSCEI1 9,356.40 -115.95 41.70B
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HSI Closes Up 469 Pts, HSTECH Leaps 4.2% as BIDU-SW/ SENSETIME-W Spike 15%+
2025-09-17 16:28:46
The HSI climbed 469 points or 1.8% to close at 26,908. The HSCEI gained 210 points or 2.2% to close at 9,596. The HSTECH leaped 256 points or 4.2% to close at 6,334. Total market turnover for the day amounted to $360.284 billion.

The Cyberspace Administration of China (CAC) held a Cybersecurity Entrepreneurs Symposium urging leading companies to accelerate R&D of independent controlled security chips to break monopolies. BIDU-SW (09888.HK) spiked 15.7% to close at $131, while BABA-W (09988.HK) advanced 5.3%.

Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) escalated 7.1% and 3%, while SENSETIME-W (00020.HK) soared 15.8%. KINGSOFT CLOUD (03896.HK) and GDS-SW (09698.HK) shot up 9.8% and 5.4%.

JPMorgan's research report quoted JD-SW (09618.HK)'s management as saying that it would not pursue food delivery market share at any cost, boosting JD-SW's share price by 5.2%. MEITUAN-W (03690.HK) also ballooned 4.9%.

For other techs, TENCENT (00700.HK), XIAOMI-W (01810.HK), KUAISHOU-W (01024.HK) and BILIBILI-W (09626.HK) jumped up 2.5-3.5%, while NTES-S (09999.HK) hiked 1.1%. EAST BUY (01797.HK) rallied 9.6%, while CHINA LIT (00772.HK), TME-SW (01698.HK) and WEIMOB INC (02013.HK) ascended over 5%. JD HEALTH (06618.HK) and CHINASOFT INT'L (00354.HK) lifted more than 4%. Handset parts stocks LENS (06613.HK) and SUNNY OPTICAL (02382.HK) surged 8.4% and 3.9%.
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