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<H Shrs>HSI Ends Up 505 Pts; AI, Pharma Stocks Take Off; Aviation, Metal Stocks Climb Higher
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The HSI ended the day up 505 points or 2% at 25,294. The HSCEI rose 130 points or 1.6% to close at 8,504. The HSTECH climbed 106 points or 2.3%, closing at 4,756. The total market turnover for the day amounted to HKD291.421 billion.

In the tech sector, TENCENT (00700.HK) and KUAISHOU-W (01024.HK) grew 2.6% and 2.4%. BABA-W (09988.HK), BIDU-SW (09888.HK), and NTES-S (09999.HK) soared 3.1-3.7%. MEITUAN-W (03690.HK) and JD-SW (09618.HK) fell 1.2% and 0.3%. BILIBILI-W (09626.HK) and EAST BUY (01797.HK) surged 7% and 10.5%. PA GOODDOCTOR (01833.HK) and XD INC (02400.HK) leaped 5.9% and 6.3%. CHINASOFT INT'L (00354.HK) advanced 4.9%.

AI stock KNOWLEDGE ATLAS (02513.HK) was hyped up 31.9%. Its annual adjusted net loss widened to RMB3.182 billion. CICC noted that its API annual recurring revenue for the fiscal year ending March 2026 spiked 60 times YoY to RMB1.7 billion, way beyond expectations. MINIMAX-W (00100.HK) shot up 14%. XTALPI (02228.HK) and INSILICO (03696.HK) ticked up over 8%. Cloud service providers KINGSOFT CLOUD (03896.HK) and GDS-SW (09698.HK) rocketed 7.2% and 6.2%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) gained 4.2% and 7.7%. BIREN TECH (06082.HK) and ILUVATAR COREX (09903.HK) also advanced 9.6% and 9.7%.

Pharma stocks staged a rally. 3SBIO (01530.HK), JUNSHI BIO (01877.HK), PHARMARON (03759.HK), INNOCARE (09969.HK), and REMEGEN (09995.HK) ballooned 9.6-15.2%. SBP GROUP (01177.HK), GENSCRIPT BIO (01548.HK), SKB BIO-B (06990.HK), DUALITYBIO-B (09606.HK), and LUYE PHARMA (02186.HK) rose 8-8.9%. INNOVENT BIO (01801.HK) and BEONE MEDICINES (06160.HK) grew over 7%.

Metal and resource stocks headed north. CHI SILVER GP (00815.HK), ZIJIN MINING (02899.HK), and JIANGXI COPPER (00358.HK) rallied 5.1-5.9%. CHINAGOLDINTL (02099.HK), MMG (01208.HK), and CMOC (03993.HK) mushroomed 7.7-8.6%. LINGBAO GOLD (03330.HK) skyrocketed 10.5%. Tourism-related stocks performed positively. CHINA SOUTH AIR (01055.HK), CHINA EAST AIR (00670.HK), and AIR CHINA (00753.HK) grew 8.5-12%. CATHAY PAC AIR (00293.HK) added 4.6%.


This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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