I. Market Overview
Hong Kong equities finished Jun 24 on an upbeat note, supported by a strong run in semiconductor names that helped offset mixed moves elsewhere. The Hang Seng Index (HSI) added 0.33% to 23,412.18, while the Hang Seng China Enterprises Index (HSCEI) inched up 0.07% to 7,764.97. Outperformance in chipmakers powered the Hang Seng Tech Index (HSTECH) higher by 1.81% to 4,479.02, contrasting with the Hang Seng China Affiliated Corporations Index (HSCCI), which slipped 0.78% to 3,858.16.
Market participation remained robust, with total turnover reaching HK$322.92 billion. Investor focus gravitated toward semiconductor and AI-linked counters after upbeat earnings expectations and fresh product news, while pockets of profit-taking kept gains in traditional cyclicals in check.
II. Sector Performance
Large-cap Tech Stocks
Chip-centric enthusiasm stood out: SMIC +8.93% to HK$84.80 and Hua Hong Grace +15.45% to HK$192.00 dominated flows. Platform giant Tencent advanced 3.38% to HK$428.80 on AI assistant news, whereas food-delivery heavyweight Meituan eased 2.66% to HK$67.75. AI start-up MINIMAX-WP fell 7.26% to HK$477.60, reflecting selective rotation within the growth complex.
Top Performing Sectors
Diversified Chemicals +6.94%
Life Sciences Tools & Services +5.43%
Oil & Gas Storage & Transportation +4.12%
Bottom Performing Sectors
Broadcasting -4.90%
Paper Packaging -4.75%
Copper -3.42%
III. Top 10 Gainers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
MICOT PHARMA-B | 02335 | 36.90 | 102.75% |
CSOP Samsung Electronics Daily (2x) Leveraged Product | 07747 | 179.55 | 16.52% |
HUA HONG GRACE | 01347 | 192.00 | 15.45% |
ASYMCHEM | 06821 | 109.50 | 13.12% |
HAIXI PHARMA | 02637 | 180.00 | 12.50% |
GALAXIS TECH | 02729 | 30.80 | 11.76% |
GENSCRIPT BIO | 01548 | 12.12 | 11.50% |
SENASIC | 06675 | 34.66 | 9.48% |
SMIC | 00981 | 84.80 | 8.93% |
WUXI XDC | 02268 | 53.20 | 8.88% |
Filter: Market cap>HKD10B
IV. Top 10 Losers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
HQVT | 01392 | 18.00 | -28.29% |
TOPSPORTS | 06110 | 2.05 | -14.58% |
SENIOR MATERIAL | 06067 | 9.56 | -13.09% |
PATEO | 02889 | 132.50 | -12.25% |
XIZHI TECH-P | 01879 | 421.40 | -10.64% |
DEEPEXI TECH | 01384 | 41.48 | -7.90% |
MINIMAX-WP | 00100 | 477.60 | -7.26% |
WASION HOLDINGS | 03393 | 20.86 | -7.21% |
GEEKPLUS-W | 02590 | 11.64 | -6.88% |
FLAT GLASS | 06865 | 5.96 | -6.73% |
Filter: Market cap>HKD10B
V. Closing Summary
1. All three major Hong Kong benchmarks closed in positive territory on Jun 24, aided by brisk turnover of HK$322.92 billion. The mainboard’s modest rise of 0.33% indicated cautious optimism, while the tech-heavy HSTECH’s 1.81% jump underscored selective strength in growth counters.
2. Semiconductor enthusiasm dominated headlines. Hua Hong Grace (+15.45%) and SMIC (+8.93%) led heavyweight tech gainers, echoing upbeat analyst commentary on chip pricing and capacity outlook. Tencent (+3.38%) gained after trialling its “Dayuan” AI assistant for enterprise users, reinforcing investor interest in domestic AI applications.
3. Among notable movers, biotech IPO name MICOT PHARMA-B surged 102.75%, topping the gainers’ list, while HQVT plunged 28.29% to head decliners. Leveraged exposure to Korean chipmakers via the CSOP Samsung Electronics 2x product (+16.52%) attracted speculative flows following reports of a major share-repurchase plan at Samsung Electronics.
4. Sector-wise, Diversified Chemicals, Life Sciences Tools & Services, and Oil & Gas Storage & Transportation led advances, each adding more than 4%. On the flip side, Broadcasting, Paper Packaging, and Copper lagged. No major IPOs debuted today, yet semiconductor and AI themes continued to dominate trading narratives, suggesting investors maintained a near-term focus on policy support and technology upgrades within Mainland industries.
Sources: Public market data, summarized media reports
Disclaimer: This content is for reference only and does not constitute investment advice.
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