GO
| HSI1 | 23,786.48 | -222.07 | 93.53B |
| HSCEI1 | 7,988.13 | -68.63 | 30.81B |
| Back Zoom + Zoom - Block Traded | |
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2026-11-11 16:35:38 US October inflation came in stronger than expected, arousing expectations for further Fed rate hikes. Hong Kong bourse opened down 202 pts this morning (11th) and weakened repeatedly during the session. The HSI closed the day at 24,315, down 241 pts or 0.98%, with total market turnover whopping HKD180.749 billion. The HSTECH ended at 4,027, down 57 pts or 1.41%, while the HSCEI finished at 8,171, down 94 pts or 1.14%. Major active techs were broadly under pressure. TENCENT (00700.HK) slid nearly 2%; BABA-W (09988.HK) continued testing the HKD100 level and closed down 0.98% at HKD100.6; MEITUAN-W (03690.HK) and NTES (09999.HK) slumped more than 3%; XIAOMI-W (01810.HK) fell 1.63%. Optical communication stocks bounced back. Market rumors suggested Microsoft (MSFT.US) was lobbying the US to cancel a proposed ban on imports of Chinese optical transceivers. ZJ INNOLIGHT (03308.HK) surged 13.72%; YOFC (06869.HK) rallied 13.49%; CIG (06166.HK) jumped up 23.08%. Mainland Chinese memory chip manufacturers are reportedly preparing for a new round of price hikes, backing chip stocks in the afternoon session. SMIC (00981.HK) mounted 3.73%, while HUA HONG GRACE (01347.HK) added 0.8%; GIGADEVICE (03986.HK) climbed 5.08%; MONTAGE TECH (06809.HK) advanced 2.46%. Two major AI model stocks fared well. Z.AI (02513.HK) soared 3.57%; MINIMAX-W (00100.HK) swelled 4.04% after the company launched MiniMax H3-Image and opened its model weights. ~ AASTOCKS Financial News Website: www.aastocks.com | |