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<H Shrs>HSI Wanes 52 Pts at Midday, but Chip Stocks Surge; HUA HONG SEMI Spikes 12%+
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The HSI ebbed 52 points or 0.2% to 25,862 at midday. The HSCEI inched up 8 points or 0.1% to 8,741. The HSTECH lifted 17 points or 0.4% to 4,882. Total half-day turnover of the market amounted to $126.07 billion. DeepSeek released a preview version of V4. Chip stocks surged, with SMIC (00981.HK) and HUA HONG SEMI (01347.HK) hyping up 8.8% and 12.5%. NOVOSENSE (02676.HK) surged 10.4%, while BIREN TECH (06082.HK), ILUVATAR COREX (09903.HK) and GPIXEL (03277.HK) elevated 4.5-6.5%. Server manufacturer LENOVO GROUP (00992.HK) leaped 4.4%, while chip equipment stock ASMPT (00522.HK) swelled 6.1% alongside external chip stocks. AI stocks KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK) dipped 8% and 4.7%, while MANYCORE TECH (00068.HK) jumped up 2.7%. Cloud service provider KINGSOFT CLOUD (03896.HK) eroded 5.4%, while TENCENT (00700.HK) dropped 0.4% to close at $493.2 at midday after it released and open-sourced the preview version of Hunyuan's Hy3. XIAOMI-W (01810.HK) released and open-sourced two MiMo-V2.5 series large models, but its stock price faded 0.4%. For other techs, BABA-W (09988.HK) added 0.8%, while MEITUAN-W (03690.HK) and JD-SW (09618.HK) slid less than 1%. KUAISHOU-W (01024.HK), NTES-S (09999.HK) and BILIBILI-W (09626.HK) shed 1.2-1.3%, while BIDU-SW (09888.HK) climbed 1.1%. Software stock KINGDEE INT'L (00268.HK) shrank 4.2% alongside external peers. PA GOODDOCTOR (01833.HK) reported a 1.38x increase in its 1Q net profit to RMB79.114 million, boosting its share price by 1.7%. However, it slumped 3.7% at midday. Auto-translated by AI AASTOCKS Financial News |
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