HSI1 27,243.86 +60.71 202.17B
HSCEI1 9,265.03 +22.28 72.32B
Back    Zoom +    Zoom - Block Traded
HSI Adds 116 Pts at Midday, Led by Xiaomi and BYD; SMIC Muted Post-Results
2026-02-11 12:30:04
As the initial retail sales value in the US for December last year missed forecast, the DJIA grew 0.1% on hopes of a rate cut. Hong Kong bourse elevated this morning. The HSI concluded the half-day up 116 points or 0.4% at 27,299. The HSCEI rose 38 points or 0.4% to 9,281. The HSTECH hiked 59 points or 1.1% to 5,510. The total market turnover for the half-day was HKD118.607 billion.

MSCI announced changes to the China Index, adding SENSETIME-W (00020.HK) and PONY-W (02026.HK) (up 2.9% and 2.3%), HESAI-W (02525.HK) (up 6.9%) and YOFC (06869.HK) (down 3.9%).

SMIC (00981.HK) logged a 60.7% YoY upsurge in net profit for the last quarter, but CLSA noted that the company's gross margin guidance for 1Q26 slightly missed consensus, leading to a 3.6% slide in its stock price. CHINA LIT (00772.HK) expected its IFRS loss for last year to widen to at least RMB750 million, suppressing its stock price by 7.1%. Among other techs, TENCENT (00700.HK) dipped 0.5% to HKD548. MEITUAN-W (03690.HK) rebounded 0.3% to HKD89.1. JD-SW (09618.HK), BABA-W (09988.HK), NTES-S (09999.HK), KUAISHOU-W (01024.HK), and BIDU-SW (09888.HK) mounted 0.6-1.2%.

Automakers were the top gainers, with XIAOMI-W (01810.HK) founder Lei Jun stating that Chinese President Xi Jinping's inspection of tech innovation work signaled a clear message of accelerating the development of new quality productivity through tech innovation, shoring up Xiaomi's stock price by 4.7% to HKD37.26 at midday. NIO-SW (09866.HK) aimed to achieve full-year profit on a non-GAAP basis this year, with its stock price soaring 2.6%. BYD COMPANY (01211.HK) leaped 3.9% to HKD99.5. GEELY AUTO (00175.HK), LI AUTO-W (02015.HK), LEAPMOTOR (09863.HK), and XPENG-W (09868.HK) surged 2.4-3.2%.
~



AASTOCKS Financial News
Website: www.aastocks.com