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| HSI1 | 23,901.52 | -107.03 | 48.25B |
| HSCEI1 | 8,023.99 | -32.77 | 14.68B |
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2026-11-12 16:34:49 Concerns that the Jensen Huang controversy could prompt the US to tighten export restrictions on advanced chips to China weighed heavily on tech stocks, dragging the Hong Kong market lower. After opening down 194 pts this morning (12th), Hong Kong bourse deepened losses and once slipped below the 24,000 mark, hitting an intraday trough of 23,942. The HSI closed at 24,008, down 307 pts or 1.26%, with main board turnover at HKD202.652 billion. The HSCEI closed at 8,056, down 114 pts or 1.4%. The HSTECH closed at 3,931, down 95 pts or 2.36%. Amid reports that the US may restrict Chinese companies' remote access to AI chips, BABA-W (09988.HK) closed at HKD93.80, down 6.76%, making it the worst-performing blue chip. TENCENT (00700.HK) sank below the HKD400 mark to close at HKD398.80, down 2.64%. KUAISHOU-W (01024.HK) dived 5.3%; JD-SW (09618.HK) cratered 3.06%; while MEITUAN-W (03690.HK) and XIAOMI-W (01810.HK) declined 1.03% and 0.4%, respectively. AI large-model concept stocks saw intensified declines in the afternoon session, with Z.AI (02513.HK) down 9.05% and MINIMAX-W (00100.HK) down 7.83%. Among other blue chips, LINK REIT (00823.HK) raised its interim DPU to 127.25 cents. Its share price bucked the market trend after results, rising 3.23% to become the best-performing blue chip. CKH HOLDINGS (00001.HK) plunged 3.81% amid reports that the group had postponed AS Watson's dual-listing plan. LENOVO GROUP (00992.HK) slipped 3.88%, while BYD COMPANY (01211.HK) lost 2.38%. WUXI APPTEC (02359.HK) bucked the market trend and soared 2.44%, supported by recent news that it had been removed from the US 1260H list. ~ AASTOCKS Financial News Website: www.aastocks.com | |