On December 4, 2025, the Hong Kong stock market saw gains across major indices. The Hang Seng Index (HSI) rose by 0.68%, the Hang Seng China Enterprises Index (HSCEI) increased by 0.86%, the Hang Seng Tech Index (HSTECH) was up by 1.45%, and the Hang Seng Composite Index (HSCCI) gained 0.25%.
Tianyu Semi fell 15.48% in grey market trading while Chinese noodle restaurant operator Xiao Noodles fell 15.17%.
Xiao Noodles Catering Management attracted six cornerstone investors, which agreed to subscribe to about $22.0 million of the shares on offer.
Net proceeds of approximately HK$551.6 million will be allocated for its restaurant network expansion, for advancing its technology capabilities, for brand building and boosting customer loyalty, for strategic investments, and for general corporate purposes and working capital.
Ascletis up 11%; Sanhua, Wuxi Bio up over 7%; Xiaomi, SMIC up about 4%; Bilibili, Meituan up over 2%.
In the semiconductor sector, SMIC saw a gain of 3.87%, while Hua Hong Semiconductor increased by 3.11%. The market remains optimistic about the prospects of AI chips and wafer foundry industries.
The biotech sector experienced notable gains, with WuXi AppTec up by 5.44%, WuXi Bio rising by 7.09%, and Akeso increasing by 4.40%. The positive movement in biotech stocks highlights the sector's strength.
In the metals sector, Zijin Mining rose by 1.28%, and Jiangxi Copper increased by 1.07%. The sector benefited from expectations of interest rate cuts and rising copper prices.
Sanhua saw a significant increase of 7.70% following news of the Trump administration's plans to promote AI robotics technology, which boosted investor sentiment in robotics-related stocks.
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