HK Close | HSI and HSTECH Rise as Xiaomi, Kuaishou and Tencent Lead a Broad Hong Kong Advance

Tiger Newspress10-09 16:23

I. Market Overview

Hong Kong stocks closed higher on Oct 9. The Hang Seng Index (HSI) rose 1.79% to 24,211.35, the HSCEI gained 1.71% to 8,147.87, and the Hang Seng Tech Index (HSTECH) climbed 3.06% to 4,197.84. The HSCCI added 0.47% to 4,048.95. Market turnover reached HKD 209.20 billion, indicating active participation across the session.

Large-cap tech names were generally stronger, with several components posting notable gains. The day’s market tone was supported by broad advances in technology, advertising, gaming, gold-related shares and several consumer-related areas, while a smaller number of sectors finished lower.

II. Sector Performance

Large-cap Tech Stocks

The HSTECH closed up 3.06%. Among key constituents, XIAOMI-W rose 9.72%, KUAISHOU-W gained 5.47%, BYD ELECTRONIC advanced 4.61%, and TENCENT added 3.26%.

Top Performing Sectors

  • Advertising: up 7.97%.

  • Leisure Facilities: up 7.97%.

  • Oil & Gas Refining & Marketing: up 7.96%.

Bottom Performing Sectors

  • Homebuilding: down 5.49%.

  • Health Care Equipment: down 4.63%.

  • Textiles: down 3.62%.

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

DEEPZERO

02723

650.00

11.30%

DIRECT DRIVE

06731

31.20

10.25%

KINGDEE INT'L

00268

7.83

9.73%

XIAOMI-W

01810

25.96

9.72%

XIAOMI-WR

81810

22.10

9.41%

TONGGUAN GOLD

00340

2.61

9.21%

CA CULTURAL

01566

6.70

8.85%

FAMEGLOW

03774

27.94

8.29%

GON TECHNOLOGY

02768

42.98

8.15%

ZIJIN GOLD INTL

02259

146.70

7.71%

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

DAJIN

01081

29.10

-15.94%

DELTON

01989

103.40

-10.09%

DTECH

01377

228.00

-9.95%

DIAGENS-B

02526

268.60

-8.08%

METIS TECHBIO-P

07666

14.57

-7.20%

VGT

02476

180.80

-6.71%

STAR SHINE HLDG

01440

18.87

-6.49%

CCTC

06951

114.70

-6.29%

WUXI LEAD

00470

27.48

-5.83%

CIG

06166

104.90

-5.32%

V. Closing Summary

All three major Hong Kong indices finished higher on Oct 9. The HSI closed at 24,211.35, HSCEI at 8,147.87, and HSTECH at 4,197.84. Market turnover totaled HKD 209.20 billion, suggesting robust trading interest across the market.

The technology complex was a key driver. The HSTECH rose 3.06%, while individual large-cap names such as XIAOMI-W, KUAISHOU-W, BYD ELECTRONIC, TENCENT, and BILIBILI-W posted gains. In the top movers list, XIAOMI-W was also one of the strongest performers, while ILUVATAR COREX was among the notable decliners within the tech universe.

Other notable gainers included DEEPZERO, DIRECT DRIVE, KINGDEE INT'L, TONGGUAN GOLD, CA CULTURAL, and ZIJIN GOLD INTL. On the downside, DAJIN, DELTON, DTECH, DIAGENS-B, and VGT were the largest losers in the Hong Kong market list returned by the data.

Sector data showed strength in Advertising, Leisure Facilities, Oil & Gas Refining & Marketing, Gold, and Technology Hardware, Storage & Peripherals. Media reports published on Oct 9 also pointed to active news flow around energy prices, an IPO in the U.S. market, a Hong Kong share buyback-related move in HKG:2218, and a company update from WuXi Biologics; only the Oct 9 intraday window was used.

Sources: Public market data, summarized media reports

Disclaimer: This content is for reference only and does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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