HSI1 27,081.91 +668.56 172.96B
HSCEI1 9,197.38 +237.82 60.15B
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HSI Rises 605 Pts at Midday; Exporter/ Tech/ Commodity Stocks Rally, AI & Robotics Stocks Retreat
2026-02-23 12:28:18
The HSI ended the midday up 605 points or 2.3% at 27,019. The HSCEI rose 224 points or 2.5% to 9,183. The HSTECH climbed 173 points or 3.3% to 5,384. The total half-day turnover for the market amounted to HKD106.45 billion.

Exporters TECHTRONIC IND (00669.HK) and SHENZHOU INTL (02313.HK) rallied 3.4% and 4.2%. CHERVON (02285.HK) also leaped 5.3%. Mobile component stocks BYD ELECTRONIC (00285.HK) and SUNNY OPTICAL (02382.HK) surged 3.5% and 4%, while Q TECH (01478.HK) and AAC TECH (02018.HK) advanced 6.8% and 5.1%.

Pharma stocks WUXI BIO (02269.HK) and WUXI APPTEC (02359.HK) jumped 3% and 2.2%, while PHARMARON (03759.HK) gained 3.6%. E-commerce stocks BABA-W (09988.HK) and JD-SW (09618.HK) swelled 3.6% and 4.2%.

The decline in the USD triggered a rise in commodity stocks. SD GOLD (01787.HK), ZHAOJIN MINING (01818.HK), ZIJIN MINING (02899.HK), and LINGBAO GOLD (03330.HK) ballooned 5.1-5.8%. CHI SILVER GP (00815.HK), CHINAGOLDINTL (02099.HK), and ZIJIN GOLD INTL (02259.HK) shot up 6.4-6.9%. JIANGXI COPPER (00358.HK) and MMG (01208.HK) ticked up 5% and 7.1%. Gold jewelry retailer LAOPU GOLD (06181.HK) added 3.2%.

Among other tech stocks, TENCENT (00700.HK) hiked 3.4% with a turnover of HKD6.877 billion, making it the most active stock. MEITUAN-W (03690.HK) spiked 6.9%. NTES-S (09999.HK), KUAISHOU-W (01024.HK), BILIBILI-W (09626.HK), and BIDU-SW (09888.HK) climbed 2.5-3.2%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) escalated 4.5% and 4.8%. INNOSCIENCE (02577.HK) and BIREN TECH (06082.HK) rocketed 7.9% and 8.9%.

AI model stocks retreated, with KNOWLEDGE ATLAS (02513.HK) diving 23.7%. It apologized for the GLM Coding Plan issue. MINIMAX-WP (00100.HK) also plunged 10.5%. Robotics stocks DOBOT (02432.HK) and UBTECH ROBOTICS (09880.HK) slid over 4%.
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