HSI1 25,584.79 0.00 --
HSCEI1 8,490.39 0.00 --
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HSI Reverts Up 119 Pts at Half-day; TENCENT Up 2%; KB LAMINATES Up 4%+; Lithium Shares Pick Up
2026-08-28 12:31:14
This morning (28th), the HSI opened down 155 pts before reversing higher. At midday, the index closed at 25,684, up 119 pts or 0.47%, with market turnover at HKD117.498 billion. The HSCEI finished at 8,534, up 44 pts or 0.52%. The HSTECH hiked 27 pts or 0.6% to settle at 4,648.

Among major techs, TENCENT (00700.HK) reversed losses after opening lower and mounted 2.19%; XIAOMI-W (01810.HK) rallied 2.62%; KUAISHOU-W (01024.HK) climbed 1.37%; MEITUAN-W (03690.HK) and BIDU-SW (09888.HK) added less than 1%. BABA-W (09988.HK) dipped 0.78%.

Among blue chips, OOIL (00316.HK) logged a nearly 24% decline in 1H profit, with shares falling 7.43% by midday, making it the worst-performing blue chip. HSMIC (00981.HK) lifted 0.42% after interim net profit surged 1.1x. CHINA LIFE (02628.HK) grew 1.23% after interim dividend spiked 50%. SUNNY OPTICAL (02382.HK) advanced 4.06% after results and a TP upgrade by Citi. BOC HONG KONG (02388.HK) strengthened ahead of earnings announcement, closing up 2.57% at midday.

KINGBOARD HLDG (00148.HK)'s controlling shareholder increased holdings by 200,000 shares on Wednesday, while KINGBOARD HLDG also increased its stake in KB LAMINATES (01888.HK) by 575,500 shares on the same day. KB LAMINATES soared another 4.23%, while KINGBOARD HLDG (00148.HK) dipped 0.09%.

Lithium stocks picked up. TIANQI LITHIUM (09696.HK) rallied 4.6% after 1H profit swelled nearly 48x; GANFENGLITHIUM (01772.HK) jumped up 2.2%; CATL (03750.HK) inched up 0.73%; and BYD ELECTRONIC (00285.HK) escalated 6.61%, becoming the best-performing blue chip at midday.
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