Hong Kong Market Midday Review: Hang Seng Index Rises 0.82%, AI Applications Surge Across the Board

Stock News04-20

The Hang Seng Index advanced by 0.82%, gaining 215 points to reach 26,376 points in morning trading. The Hang Seng Tech Index increased by 0.78%. Trading volume for the Hong Kong stock market in the morning session reached HK$135.3 billion.

Tencent Holdings (00700) saw its shares rise by 2.64%. The company recently released and open-sourced its Hunyuan 3D World Model 2.0, signaling a continued deepening of multimodal evolution in its large language models. Shares related to AI application concepts experienced broad-based gains. DeepSeek's first round of external financing sparked discussion, indicating the ongoing strong industry trend for AI applications.

Group Core Technology (00068) surged by over 47%. Zhipu AI (02513) climbed 10%. Maifushi (02556) increased by 7.8%. MINIMAX-WP (00100) rose by 3%.

Nuobikan (02635) jumped 22% after being included in the Hong Kong Stock Connect list this morning. 51VR (06651) gained over 13% as the company formally signed a Memorandum of Understanding with UAE's UXE, with physical AI accelerating the development of digital infrastructure in the Middle East.

Deshi-B (02526) rose another 4%, as its AI AutoVision is expected to become China's first intelligent chromosome karyotype assisted diagnosis software. APT Satellite Holdings (01045) climbed over 8% at one point, as commercial space activities heated up again; the company is a controlled subsidiary of China Satellite Communications.

Goldwind Science & Technology (02208) increased by over 5%, following SpaceX's confidential filing for an initial public offering. Goldwind holds equity in LandSpace. Hua Hong Semiconductor (01347) rose over 4%, as wafer foundries have intensively announced price increases, with TSMC highlighting the high growth prospects for AI.

Nongfu Spring (09633) gained over 6% after reporting double-digit revenue growth across all business segments last year, with institutions optimistic about the company maintaining a high growth level.

Anton Oilfield Services (03337) fell another 3%, as Iraq's oil exports declined significantly and some projects faced execution delays. Sun Art Retail (06808) dropped over 7% after issuing a profit warning, forecasting a full-year shift from profit to a loss of 300 to 350 million yuan.

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