The Hang Seng Index rose 0.17%, up 42 points, to 24,253 points, while the Hang Seng Tech Index fell 0.55%, according to Zhitong Finance APP. Morning trading turnover in Hong Kong stocks reached HK$86.1 billion.
Orient Overseas International Ltd (00316) climbed 3.99%, leading gains among blue-chip stocks. The company reported a 45.1% year-on-year increase in shipping line revenue for the third quarter.
CATL (03750) advanced 2.46%, with Morgan Stanley noting that the market is underestimating the company's cross-cycle resilience. A latest research report from CITIC believes that CATL is expected to become the largest weighted constituent when included in the Hang Seng Tech Index.
Twenty-one banks plan to pay combined dividends exceeding RMB 260 billion, and dividend stocks continued to rally. Shares of Industrial and Commercial Bank of China (01398) and Bank of China (03988) both hit record highs during intraday trading.
Yuegangwan Zhisuan (01396) surged over 7%, with on-hand computing power orders exceeding RMB 37 billion and strong delivery capability, as institutions set a target price as high as HK$36.
Innovusion (02665) jumped more than 21%, with Q3 lidar product shipments up approximately 217% year-on-year, and shipments in the first three quarters exceeding double the full-year total of last year.
Haiqing Zhiyuan (01392) rose over 18%, as China's multispectral AI market grows rapidly and the company ranks first in the industry.
Pony.ai-W (02026) gained more than 6%, as the company is pushing forward with introducing its seventh-generation Robotaxi to London, UK.
Yunji (02670) rose over 7%, with AI voice call volumes during the Mid-Autumn Festival and National Day double holiday increasing 110% year-on-year.
Wasion Holdings (03393) climbed more than 4%, securing smart grid orders in the Middle East with a total contract value of approximately RMB 1.25 billion.
Cambridge Technology (06166) fell more than 8% again, after the company recently announced fundraising of over HK$6.5 billion to expand optical module production capacity.
Laopu Gold (06181) dropped 6%, as the company initiated its first iterative price reduction, and Citi lowered its target price and earnings forecast.
Lithium mining stocks declined in the morning session, as lithium carbonate futures fell below the 110,000 mark, with supply-side resumption and capacity expansion weighing on lithium prices. Ganfeng Lithium (01772) fell 6.26%, while Tianqi Lithium (09696) dropped 4.52%.
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