HSI1 25,935.90 0.00 --
HSCEI1 9,106.48 0.00 --
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HSI Finishes Up 175 Pts; XIAOMI-W Soars 4%+; Robot Concept Speculated
2025-12-04 16:27:24
Hong Kong bourse prospered as market expectations for a Fed’s rate cut intensified. The HSI closed up 175 points or 0.7% at 25,935. The HSCEI gained 77 points or 0.9% to close at 9,106. The HSTECH rose 80 points or 1.5% to close at 5,615. Total market turnover was HK$179.306 billion.

In the tech sector, BABA-W (09988.HK), TENCENT (00700.HK), JD-SW (09618.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) added 0.1-0.5%. BIDU-SW (09888.HK) hiked 1%. MEITUAN-W (03690.HK) and BILIBILI-W (09626.HK) spiked 2.3% and 2.6% respectively.

XIAOMI-W (01810.HK) shot up 4.4%. KINGSOFT CLOUD (03896.HK) and SENSETIME-W (00020.HK) leaped 4.3% and 3.4% respectively. MEITU (01357.HK) and GDS-SW (09698.HK) soared 2.6%. PA GOODDOCTOR (01833.HK) and XD INC (02400.HK) tumbled 3.1%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) mounted 3.9% and 3.1% respectively.

Reports of a US push for the robotics industry shored up related stocks, with SANHUA (02050.HK), JOHNSON ELEC H (00179.HK), HESAI-W (02525.HK), and HORIZONROBOT-W (09660.HK) surging 6.7-7.9%, LENS (06613.HK) rising 2.6%, and UBTECH ROBOTICS (09880.HK) jumping up 3.7%. Meanwhile, reports indicated that over 20 cities in mainland China suspended or adjusted their car trade-in subsidies due to depletion of national subsidies. Automakers BYD COMPANY (01211.HK) ticked up 0.3%, and GEELY AUTO (00175.HK) swelled 3.1%.
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