On June 2, CSOP 2x Long Hang Seng TECH (07226) rose 5.13% in regular trading, trading at HK$4.116 with trading volume of HK$844 million. The leveraged product amplified the underlying Hang Seng TECH Index's intraday gain of over 2%.
On the news front, the Hang Seng TECH Index saw broad-based strength driven by multiple catalysts. Meituan surged over 7% after reporting Q1 revenue of RMB 91 billion, up 5.6% year-over-year, with operating losses narrowing significantly from RMB 16.1 billion to RMB 6.5 billion quarter-over-quarter. Lenovo rose over 5%, while Tencent, Bilibili, BYD, and Kingdee all gained over 4%.
The rally also reflects broader structural optimism. The Hang Seng TECH Index is set to implement a historic rebalancing on June 5, incorporating AI large-model leaders MiniMax and Zhipu into its constituents, signaling an accelerated pivot toward AI. Analysts note that the index possesses valuation re-rating potential as AI industry deepens and earnings recover, with passive fund rebalancing expected to drive tens of billions in buying flows.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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