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HK Close | Retail and AI-Linked Tech Stocks Push HSI Above 24,600

Tiger Newspress07-15 16:33

I. Market Overview

The Hong Kong market finished Jul 15 on a firmer footing, with all major benchmarks in positive territory. The Hang Seng Index (HSI) closed at 24,681.10, up 1.40% (+340.37 pts). The Hang Seng China Enterprises Index (HSCEI) settled at 8,184.38, adding 1.00% (+81.30 pts). The broader HSCCI edged higher to 3,944.54 for a 0.23% gain, while the technology-heavy Hang Seng TECH Index advanced 1.30% to 4,740.49. Strength in consumer-oriented retailers and AI-related technology names underpinned sentiment, helping equities shrug off pockets of weakness in resources and precious-metals plays.

Aggregate turnover on the main board reached a robust HKD 304.30 billion, indicating active participation as investors rotated into sectors poised to benefit from domestic consumption and artificial-intelligence themes.

II. Sector Performance

Large-cap Tech Stocks

Heavyweights closed mostly higher: TENCENT +3.90% to HKD 474.00, MEITUAN-W +5.30% to HKD 83.40, and MINIMAX-W +13.30% to HKD 260.60 led advances, while SMIC -2.62% to HKD 76.30 and NIO-SW -2.61% to HKD 39.58 lagged.

Top Performing Sectors

  • General Merchandise Stores +7.65%

  • Paper Packaging +6.96%

  • Advertising +6.04%

Bottom Performing Sectors

  • Specialized Consumer Services -6.12%

  • Silver -3.92%

  • Commodity Chemicals -2.71%

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

JOINN

06127

27.48

23.78%

LEADS BIOLABS-B

09887

71.00

17.84%

PATEO

02889

150.50

13.33%

MINIMAX-W

00100

260.60

13.30%

DEEPEXI TECH

01384

37.32

12.82%

ILUVATAR COREX

09903

559.50

11.90%

EASY SMART GP

02442

72.00

11.63%

BIOCYTOGEN-B

02315

58.85

11.46%

DEEPZERO

02723

553.00

10.60%

TH MEDICAL-B

02697

640.50

10.43%

Filter: Market cap>HKD10B

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

CREALIGHTS

01191

118.00

-13.81%

FAMEGLOW

03774

16.00

-12.66%

CNBM

03323

3.79

-11.86%

LINGYI ITECH

01688

7.07

-6.97%

DTECH

01377

416.60

-5.96%

ZCLOUD TECH-NEW

09900

5.75

-5.74%

LINGBAO GOLD

03330

15.24

-5.46%

CHIFENG GOLD

06693

27.38

-5.13%

HUAQIN

03296

65.30

-5.09%

GIGADEVICE

03986

657.00

-4.64%

Filter: Market cap>HKD10B

V. Closing Summary

1. The three major Hong Kong indices ended Jul 15 higher, with the HSI adding 1.40%, HSCEI up 1.00%, and HSTECH gaining 1.30%. Turnover of HKD 304.30 billion reflects solid engagement as investors allocated fresh funds to equities amid improved risk appetite.

2. Large-cap technology counters provided a key lift. TENCENT rose 3.90%, while e-commerce peer MEITUAN-W jumped 5.30%. AI-focused newcomer MINIMAX-W surged 13.30%, underscoring persistent enthusiasm for artificial-intelligence themes. Select chipmakers such as SMIC -2.62% and NIO-SW -2.61% underperformed, suggesting investors rotated toward software-driven AI beneficiaries rather than hardware names facing cyclical pressure.

3. Notable individual movers included biotech developer JOINN +23.78% and gene-therapy firm LEADS BIOLABS-B +17.84%, topping the gainers’ list. On the downside, CREALIGHTS -13.81% and FAMEGLOW -12.66% led losses, while gold-related names such as LINGBAO GOLD -5.46% and CHIFENG GOLD -5.13% weakened alongside a sector decline of -2.61% in the Gold industry group.

4. Sector data revealed strong buying in consumer-driven areas: General Merchandise Stores, Paper Packaging, and Advertising each advanced more than 6%. Conversely, profit-taking in Specialized Consumer Services and precious metals weighed, mirroring the slide in sectoral indices. No new major listings debuted today, but elevated turnover and selective speculation in AI-related counters point to continued investor focus on innovation themes within the Hong Kong market.

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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