HSI1 26,403.71 +243.38 202.68B
HSCEI1 8,916.85 +71.83 64.99B
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HSI Rallies 216 pts at Midday; TENCENT Leads Charge; AI Stocks Hyped Up
2026-04-20 12:28:42
The HSI concluded the midday up 216 points or 0.8% at 26,376. The HSCEI grew 68 points or 0.77% to 8,913. The HSTECH rose 38 points or 0.77% to 5,081. The total half-day turnover for the market amounted to HKD135.314 billion.

AI stocks were hyped up. KNOWLEDGE ATLAS (02513.HK) and INSILICO (03696.HK) surged 10.6% and 15%. PHANCY (06682.HK) soared 9.5%. MINIMAX-W (00100.HK) and UNISOUND (09678.HK) advanced 3% and 6.8%. Cloud service providers KINGSOFT CLOUD (03896.HK) and GDS-SW (09698.HK) climbed 3.8% and 4.3%.

China's State Administration for Market Regulation fined seven e-commerce platforms over food safety violations. MEITUAN-W (03690.HK) and JD-SW (09618.HK) fell 1.2% and 0.4%, while BABA-W (09988.HK) edged up 0.9%.

Among other tech names, TENCENT (00700.HK) rallied 2.6%. BIDU-SW (09888.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) gained 1.1-1.8%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) climbed 1.3% and 4.3%. Handset component makers SUNNY OPTICAL (02382.HK) and LENS (06613.HK) shot up 4.2% and 4.8%. AAC TECH (02018.HK) added 2.6%. Robotics stocks UBTECH ROBOTICS (09880.HK) and ROBOSENSE (02498.HK) retreated 3.8% and 2.4%.

In the automotive industry, BYD COMPANY (01211.HK) dipped 0.2%. XIAOMI-W (01810.HK) ticked up 1.4%. LEAPMOTOR (09863.HK) dropped 6.3%.
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